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Canada’s inflation rate is plummeting, so why are grocery prices still so expensive?
(www.ctvnews.ca)
this post was submitted on 07 Aug 2023
186 points (97.4% liked)
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If you're taking 2 steps forward and 1 step back, you'll still get where you're going. For deflation to be a thing we'd need 2 steps back to every step forward. Otherwise it's inflation with pauses.