Gemini 3.5 FlashOct 2811 citationsNo
Are prices lower in stores compared to a year ago?
No, overall prices in stores—particularly at the grocery store—are not lower compared to a year ago. However, they are increasing at a much slower rate than they were during the peak inflation years of 2022 and 2023.
Economists refer to this as disinflation (a slowing of price growth) rather than deflation (a broad drop in prices). While a select few individual items have gotten cheaper due to s