.@truflation measured inflation has remarkably dropped below 1% y/y. Interesting nuance - there is significant divergence across index components Communications and clothing are seeing the biggest price declines, while utilities and household items the biggest price hikes👇
Categories experiencing price declines: - Communications: -3% - Clothing & Footwear: -1.8% - Food & Bev: -1.4% - Housing: -0.4%
Categories experiencing price increases: - Utilities: +7.6% - Household Items: +4.4% - Education: +2.8% - Health: +2.7% - Other: +2.6% - Recreation & Culture: +2.0% - Alcohol & Tobacco: +2.4% - Transport: +0.8%
83