Gemini 3.5 FlashNov 29 citations
Are prices lower in stores compared to a year ago?
No, on average, prices in stores are not lower than they were a year ago. Instead, the retail economy is experiencing disinflation—meaning that while prices are still rising, they are doing so at a slower rate than the dramatic spikes seen in previous years.
The latest Consumer Price Index (CPI) data from the U.S. Bureau of Labor Statistics shows that overall consumer prices have increased by 3.