6 ms·
You don't need prices to fall. You can look at month to month inflation or month over month. Eventually May to May will be small b/c the shock happened and that
by matwood 3y ago
You don't need prices to fall. You can look at month to month inflation or month over month. Eventually May to May will be small b/c the shock happened and that level become the new normal, but the ongoing rate went back down. Inflation can be very low and never have prices return to pre-COVID. You would need negative inflation, and likely a recession, for that to happen.