Here’s the deflation breakdown for July 2024 — in one chart

Here’s the deflation breakdown for July 2024 — in one chart


Key Points
  • The inflation rate has throttled back significantly from its pandemic-era highs.
  • Some areas of the U.S. economy have experienced deflation. Their prices have declined.
  • They include prices for physical goods like cars and trucks, clothing, furniture, as well as other categories like airline fares and some food items.



Source

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