this post was submitted on 11 Aug 2023
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US inflation cooling as consumer prices rise moderately again (www.reuters.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture.

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[–] [email protected] 5 points 1 year ago

If fewer people are buying cars and trucks, their prices fall. Everyone has to buy groceries, and those prices are rising slowly again, like they used to.