Good News! Prices are dropping!
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Wildwood Crest - Good News! Prices are dropping! Deflation measures how quickly prices are declining for consumer goods and services. Prices have deflated for a range of items like physical goods, airfare, gasoline and some groceries since June 2023, according to the consumer price index. One explanation: Supply and demand dynamics have normalized after being thrown out of whack during the Covid-19 pandemic.
Print Publication Date:
7/24/2024