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Brookings piece on Inflation
As in all Capitalism, there is no rhyme or reason on pricing, there is only grab a price point and ride it until it can't be ridden anymore.
However, the relative price of goods prices is still above where we would have expected it to be pre-pandemic—shown by the dotted line—suggesting that there is still scope for goods prices to continue falling for some time.
https://www.brookings.edu/articles/the-pandemic-inflation-episode-is-still-unwinding/
@Madken65 Prices have more than enough room to come down, but yeah right... People believing that Corporations will do the right thing and drop prices to assist the shoppers hurting wallets are also the same people who have believed their politicians for the last 70 years thinking that "Trickle Down Economics" would eventually work.