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by gnode 2396 days ago
I don't think it's about imports / foreign production, but about the requirement of labour of high income workers generally. Domestic agriculture and manufacturing have experienced less inflation than medicine and education because they have reduced their dependence on labour with greater mechanisation and efficiency.

I think there's also an effect that people are increasingly able to tolerate working very low economic value jobs, because productivity increases in basic necessities of survival, like food and transportation, make this possible. These people are then priced out of healthcare, education, and quality housing. The decreased consumption of expensive labour-based services then decreases their weighting in measures of inflation, allowing them to further inflate, yet overall inflation stay low.