Inflation Is Basically Back To Normal. Why Do Voters Still Feel Blah?
Grocery inflation has slowed, but consumers still face high costs for essentials like groceries and housing. This could affect the election, with voters prioritizing the economy. While overall inflation has returned to normal, the progress cannot undo a leap in prices that dates back to the pandemic. Since the outset of 2021, consumer prices have. After their spike, inflation rates today are back down to 2. 4% annually, a level last seen in february 2021.
As the u. s. Hurtles toward a presidential election this fall, the nation's inflation rate has quietly returned to normal, even as it continues to worry voters and draw focus at. Economy is the envy of the world, with strong growth, easing price increases and a robust job market, but voters heading to the polls tuesday are more likely to be thinking. Consumers still give the economy poor marks, though the job market is strong and price increases have faded for months. Inflation is basically back to normal. Yaros notes that voters' views on inflation are particularly important in pennsylvania, a state experts say could be a tipping point in the contest between vice.