Yes, Inflation Is Going Down. But Here's Why Prices Aren’t

The annual inflation rate has cooled, according to new data. But here's why that won't translate to lower prices on the shelves.

By: Time

Sep 09 2024
30
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Yes, Inflation Is Going Down. But Here's Why Prices Aren’t — Yes, Inflation Is Going Down.

People shop at a grocery store in Brooklyn on July 11, 2024. Credit - Spencer PlattGetty Images The annual inflation rate has cooled, new data from the U.S. Bureau of Labor Statistics revealed on We… [+2868 chars]

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Yes, Inflation Is Going Down. But Here's Why Prices Aren’t

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