Despite Some Signs of Relief, Economists Are Cautious on Inflation Outlook

Despite Some Signs of Relief, Economists Are Cautious on Inflation Outlook
People shop for produce at the Granville Island Market in Vancouver on July 20, 2022. The Canadian Press/Darryl Dyck
John Ransom
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Inflation is retreating from record highs, although too slowly, said several economists who spoke with The Epoch Times about the outlook for the economy and inflation over the next six months.

But the downward pressure on future price increases isn’t necessarily giving price relief to consumers right now, they said.

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