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Goods Deflation Is Back. It Could Speed Inflation’s Return to 2%. – The Wall Street Journal

Goods Deflation Is Back. It Could Speed Inflation’s Return to 2%. – The Wall Street Journal

 

Used cars count among the durable items that can benefit from goods deflation. Photo: Justin Sullivan/Getty ImagesAfter a historic run-up in inflation, Americans are now starting to see something they haven’t in three years: deflation.To be sure, deflation—that is, falling prices—is largely confined to appliances, furniture, used cars and other goods. Economywide deflation, when prices of most goods and services continuously fall, isn’t in the cards.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 

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