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andym

(6,041 posts)
7. True, but irrelevant
Mon Dec 11, 2023, 05:52 PM
Dec 2023

It's true that a reduction in inflation is not a reduction in all prices, technically it is just a decrease in the rate of price increases overall. OTOH, a lower inflation rate can coincide with a deflation of some prices, like gasoline or food stuffs, especially after a hyperinflationary period. That is the point I am making-- this is the case here about some items people care about. Prices are coming down on gasoline, and will likely come down on foods-- these deflationary trends contribute to lower inflation in the average, both the price decreases on specific items and then the lower overall rate of increase overall averaged over all items. I hope this helps you understand.

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