If indeed some prices begin to decline, it will be because the economy is slowing, less productive and hence less demand for some items. However products that are having difficulty being made due to the government’s inhibitory regulatory activities such as fuel, electricity and food will continue to rise. Also it will soon be much more expensive to buy a durable vehicle with an internal combustion engine.
Soon? Already us.
A friend bought a higher end SUV last Sumner for $65k.
Same vehicle is $75k right now.
Ah! But “especially volatile “ food, fuel, and housing costs have been “excluded” from the government’s latest inflation index since Clinton’s mid-1990s regime!