to 2.7% in November does not mean prices are dropping. It means prices are going up at a slightly slower rate, but they are still increasing. If prices were going down, the inflation rate would be negative.
The 20 categories with the highest increase in prices over the year:
Instant coffee | 24.2 %
Uncooked beef roasts | 21.2 %
Coffee | 18.8 %
Roasted coffee | 18.4 %
Beef and veal | 15.8 %
Uncooked other beef and veal | 15.5 %
Uncooked ground beef | 14.9 %
Uncooked beef steaks | 14.7 %
Beverage materials including coffee and tea | 12.1 %
Frozen fish and seafood | 11.6 %
Fuel oil | 11.3 %
Care of invalids and elderly at home | 10.8 %
Audio equipment | 10.2 %
Candy and chewing gum | 10.1 %
Motor vehicle repair | 9.7 %
Tax return preparation and other accounting fees | 9.2 %
Utility (piped) gas service | 9.1 %
Meats | 8.9 %
Delivery services | 8.9 %
Subscription and rental of video and video games | 8.5 %
The 20 categories with the largest drops in prices over the year:
Eggs | -13.2
Smartphones | -9.4
Televisions | -7.3
Pork chops | -6.3
Propane, kerosene, and firewood | -5.9
Dishes and flatware | -5.9
Other lodging away from home including hotels and motels | -5.7
Women's underwear, nightwear, swimwear, and accessories | -5.5
Airline fares | -5.4
Computer software and accessories | -5.3
Telephone hardware, calculators, and other consumer information items | -5.2
Ship fare | -5.1
Oranges, including tangerines | -4.8
Peanut butter | -4.6
Butter | -4.4
Citrus fruits | -4.3
Lodging away from home | -4.1
Frozen vegetables | -4
Public transportation | -4
Sewing machines, fabric and supplies | -3.9
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