this post was submitted on 17 Dec 2023
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Economy

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Inflation has cooled a lot. So why do things still feel so expensive? (text.npr.org)
submitted 9 months ago by SapphireVelvet84839@lemmynsfw.com to c/economy@lemmy.world
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[–] Coreidan@lemmy.world 9 points 9 months ago

When they say “inflation is cooling” it means inflation is still happening but not as fast. It doesn’t mean deflation is happening. Prices won’t come down until deflation.