Inflation is declining across the board

Everybody hears about inflation; nobody hears about the recovery.

Average cost of regular unleaded gasoline sank to $4.19/gal, a 17% decline from the previous high of $5.02/gal on June 14. It is the 49th straight day price declines.

In Texas, gas is $3.69 a gallon, a 21% drop from state’s June peak.https://t.co/hOKJpTEzEK
— Barry Ritholtz (@ritholtz) August 3, 2022

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