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Remarkably, we are finally nearing the Federal Reserves inflation target of 2.0%.
IfKelley Blue Book predictionsare accurate, they might continue to decrease heading into the holidays.
Furniture and bedding has decreased in price by 5.1% from Aug. 2023 to Aug. 2024.
Appliances
Replacing household appliances has always been an inconvenient financial burden.
This index has dropped by 3.4% YOY.
Apparel
Overall, apparel is up slightly since Aug. 2023 by 0.3%.
However, its nice to know that TVs are one of thevideo and audio productsthat dipped YOY.
Price of televisions are 5.6% lower since August 2023, while other video equipment is down 6.3%.
The sporting goods price segment equipment and sports vehicles, including bikes has fallen 1.9% since August 2023.
On the other hand, live indoor decos likeplants and flowers shot up 5.6%.
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