Economy

Inflation peaking? 10 common consumer items where prices are falling

0


A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas.

Brandon Bell | Getty Images

July’s consumer price index report finally showed a sign of potential relief – inflation ticked up less than expected from a year ago, and was flat on the month, meaning that a basket of items and services generally stayed the same price.

But some items have fallen, on a monthly and weekly basis, potentially signaling that inflation has passed its peak and may be cooling off.

This is welcome news to consumers who have been squeezed by higher prices and are looking for any sign of relief. Some of the top items whose prices have come down include eggs, milk and gasoline.

“Fuel…



Source cnbc.com

0 0 votes
Article Rating

Delta, NFL, Air Force use Tomorrow.io to prepare for extreme weather

Previous article

YouTube removes video by Tesla investors using kids in FSD Beta test

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Economy