Macroeconomics · Interview · 4 min · 28.09.2026 08:15
Inflation slowed in August — what that means for a wallet
A slower rise in prices does not mean goods became expensive and then cheap again.
Inflation is the change in the overall price level, not the price of one product. If the annual rate falls, the basket can still be expensive — it is simply getting more expensive more slowly. Food, transport, and utility bills enter the household basket with different weights. That is why the official figure and a shop receipt do not always feel the same. A slowdown gives the central bank more room to stop holding the interest rate at a high level. The price of a loan follows that decision months later, not on the same day.
