Going down is a misleading term that makes it sound like it IS deflation, though.
“Slowing down” would be much more illustrative, or at least “decreasing”
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mars296@kbin.social 8 months agoWhat you are describing is inflation going down. Things going back to pre-pandemic prices would be deflation. With the government targeting 2% inflation in an ideal situation, deflation is not going to happen.
Viking_Hippie@lemmy.world 8 months ago
Nudding@lemmy.world 8 months ago
The proper way to say it to avoid confusion is that inflation slowed.