Dec 28, 2022
Based on the most recent five months' data, I doubt we'll see any significant deflation, but I'd also be surprised if inflation drops to 4-5% as I've seen experts predict. Looks to me like we may have a short period of 1-2% (possibly even lower), and perhaps after that we'll get back to historic averages of 2.5-3.5%. Does that accord with what you expect?