Apparel prices and home furnishings are both still going up per BLS and from my own experience, including in June. You are far too confident in your deflation forecast
Yeah, it's pretty much across the board - pretty much everything keeps going up. And a lot of people are confused. If inflation eventually drops, that doesn't mean all prices will go back down as the media and some politicians lead people to beleive, it just means they won't skyrocket as quickly as they are now. But even if we returned to 2% inflation, that means prices will actually continue to increase. Of course, there will be some things that come down in price. Just like gas prices, I can get gas for 6 cents per gallon less than the recent peak. But everything else is costing me more. That 6 cent savings on gas is insignificant in my budget compared to the increases for everything else. I'm sure I'm not alone in that. On balance, be prepared to keep paying higher prices.
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