Some costs are finally coming down. What does that mean for inflation?
From raw materials to shipping, falling costs are good news for businesses, but it’s important to note that prices are still historically high.
Both businesses and consumers have seen inflation rapidly erode their purchasing power in recent months. But there’s good news, particularly for businesses: Costs appear to finally be cooling off. From raw materials to shipping, here are some of the signs that businesses are feeling the financial vise loosen: