- We are still seeing inflation in groceries, that’s not going away with Operation Epstein Fury gumming up the strait. Expect consistent price increases for a year longer than this goes on at least.
- Shelter costs are down — I wonder how much this has to do with immigration and the 2021 mortgage renewal window (I.e. you can’t sell for what you paid, and you can’t remortgage into a new property without realizing a loss)
All goods inflation feel less important than where we sleep and eat.