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How much youll see prices decline depends in part on where you shop.
Meat
Other retailers may be following Targets lead when it comes to reducing prices on meat.
In all, Aldi announced price cuts on 250 summer essentials.
But some chains are getting creative and finding ways to bring prices down.
Gasoline
Gas prices have been falling for several months, and this trend may continue.
If youre inIndiana or Virginia, however, you wont see this.
Those two states are increasing their gas taxes as of July 1.
There are two reasons for this.
So, while its nice to see a smaller grocery bill, the overall trajectory of prices is upward.
The second reason is that wages have also risen.
Based on continued low unemployment, wages and salaries are likely to continue to rise, as well.
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