Hacker News new | ask | show | jobs
by andrewmutz 927 days ago
Actually right now prices are falling on durable goods:

https://www.cbsnews.com/amp/news/economy-inflation-deflation...

1 comments

>These items are products such as used cars, furniture and appliances, which saw big run-ups in prices during the pandemic.

So is this an actual reduction in price, or yet again just covid supply squeezes easing off? Does a 2.6% drop in price actually offset the price increases of the past 5 years?