Gemini 3.5 FlashOct 39 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; they are actually higher.
While you may hear news about inflation "cooling" or "slowing down," economists refer to this current economic trend as disinflation (prices rising at a slower pace), rather than deflation (prices actually falling). Store prices are still climbing, just not as rapidly as they did during the peak i