This is the deflation breakdown for June 2024 — in 1 chart

Important Details

Deflation steps how rapidly prices are declining for shopper items and companies.
Selling prices have deflated for a selection of goods like bodily merchandise, airfare, gasoline and some groceries considering that June 2023, in accordance to the customer price index.
A single clarification: Supply and demand dynamics have normalized right after currently being thrown out of whack in the course of the Covid-19 pandemic.

Supply

Finance

Key AI hub China restricts schoolchildren’s use of the tech

May 15, 2025

Key Points China is restricting how much children can use generative artificial intelligence in schools, according to a local release citing the Ministry of Education. Primary school students are prohibited from using unrestricted generative AI tools on their own, although an instructor may use the tech to assist in teaching, according to the local government […]

Finance

Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession

May 14, 2025

Steve Cohen said Wednesday he sees the possibility that stocks could retest their lows from April following the market’s dramatic comeback. “I don’t expect, you know, a significant decline. I think this is possible we can go back toward the lows which is 10%, 15% [from here] so it’s not a calamity,” the founder of […]

Finance

Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old

May 14, 2025

Warren Buffett does a walkthrough of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. David A. Grogen | CNBC Age isn’t just a number for Warren Buffett after all. The 94-year-old investment legend recently surprised shareholders by announcing his intention to step down as Berkshire Hathaway CEO after an epic […]