So, technically, “inflation” can refer to many metrics. But in terms of CPI, which is usually what people are talking about, deflation isn’t happening. We had 0.4% inflation (not annualized, just for the month) in April, the last month for which data is available.
So, technically, “inflation” can refer to many metrics. But in terms of CPI, which is usually what people are talking about, deflation isn’t happening. We had 0.4% inflation (not annualized, just for the month) in April, the last month for which data is available.
https://www.usinflationcalculator.com/monthly-us-inflation-rates-1913-present/