And there you have it. CPI comes in at 6.5%, the lowest inflation rate since October 2021.

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Whoa, now I’m getting CPI off nostr

wagmi

Wow! Inflation is going down, we’re practically deflationary if you have no idea how basic math works!

Well, technically prices did fall in December. The CPI is a 12-month lookback.

It did! Unless we have negative inflation though, I would assume these prices are here to stay and this is our new normal. Right? How often do we see deflation?