Are prices lower in stores compared to a year ago?
Are prices lower than a year ago? I'll pull the latest inflation data to check.
No - store prices overall are not lower than a year ago, they are higher.
> Grocery prices are higher than a year ago. Overall prices are higher than a year ago
Lower inflation does not mean lower prices - it means prices are increasing more slowly.
For grocery / "food at home" (store) prices specifically:
There was a small month-over-month decline in September for food at home (−0.1%), but year-over-year store prices are still up about 1.8% nationally.
Some individual categories within the store were cheaper year-over-year and helped offset increases elsewhere - for example milk prices fell 2.0%, while the wider dairy category was 0.7% cheaper than a year earlier, and prices for meat, poultry, fish and eggs fell 0.5% in September - but the overall grocery basket is not lower than a year ago.
Citations (1)
- Trump caught in another fact-check after bold statement: “This president keeps lying”
Backs: “BLS data does not show broad consumer-price deflation: Grocery prices are higher than a year ago.”