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This Season’s Hottest Shopping Trend: Falling Prices

Posted on AllSides December 15th, 2023
From The Left
Jutharat Pinyodoonyachet for The New York Times
ANALYSIS

American shoppers, burned by more than two years of rapid inflation, are getting some welcome relief this holiday season: Prices on many products are falling.

Toys are almost 3 percent cheaper this Christmas than last, government data shows. Sports equipment is down nearly 2 percent. Bigger-ticket items are also showing price declines: Washing machines cost 12 percent less than a year ago, for example. And eggs, whose meteoric rise in prices last winter became a prime example of the country’s inflation problem, are down 22 percent over the past year.

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https://www.nytimes.com/2023/12/15/business/economy/falling-prices.html

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