Big news about prices! Two important reports show that things are getting a little cheaper. This is good because it means inflation, which is when prices go up a lot, is slowing down. It's still higher than what the government wants, but it's improving.
- The Consumer Price Index (CPI) showed prices rising less than before.
- The Producer Price Index (PPI) also showed good news about prices at the factory level.
- Gas prices are down, which is great for everyone!
| Report | Previous Rate | Current Rate |
|---|---|---|
| CPI (Annual) | Higher | Lower |
| PPI (Final Demand Annual) | 3.7% | 3.2% |
