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by euix 1248 days ago
Also unless the inflation rate goes negative, the actual price of goods is not going down, it's just increasing slower because you had a whole years worth of high inflation. If YoY inflation goes down that just means last year's inflation was already so high, relative to this year we are "only" increasing by 3% or 4%, etc.

In that sense the inflation is now baked in, and we only make future increases slower but we don't unwind back to the original price without some serious deflation.

1 comments

Monthly inflation in December was -0.1%.