But there are some bright spots for consumers. Inflation is lower than its 2022 peak. And prices are actually falling in some categories, which is known as deflation. Overall, the U.S. is in a ...
As inflation has throttled back from pandemic-era highs, consumers have seen prices decline outright for many household items. This dynamic, known as deflation, generally doesn't occur on a broad, ...
Inflation happens when prices rise and purchasing power falls, while deflation occurs when prices drop and purchasing power increases. Both can strain an economy if they move too far in either ...
Consumers saw prices for some goods and services deflate in May, amid a backdrop of broadly easing inflationary pressures. Whereas inflation is a measure of how quickly consumer prices are rising, ...