Some pretty good news hit the books this week. The inflation numbers we’ve been dreading to hear every month seem to have peaked for the first time in over a year. We can’t be sure, but it seems that fuel prices are downward trending, going under $4.00 a gallon for gasoline on average in the U.S. and used car prices are down as well.
Airfares are also finally declining and then there’s the new jobs report that shows they are growing. All these are indicators that better times may be around the corner. But what about prices on food? Where are we now and is that good news too?
Continue reading“Inflation Has Peaked (Maybe)? But What About Prices on Food?”