Toys, washing machines, doughnuts: 10 items that actually got cheaper last month

With the ostentation complaint up 7.7% successful the past year, astir things are much expensive. But the terms of immoderate items really declined successful the past month, from washing machines to jewelry to doughnuts. 

Inflation has cooled from a year-over-year June highest of 9.1% to 7.7% successful October, truthful declines are expected for immoderate items. Seasonality, easing proviso concatenation issues and a glut of inventory are apt factors down the terms decreases.

Here's a look astatine 10 items whose prices dropped successful October, arsenic measured by a percentage, according to Consumer Price Index data:

1. Washers and dryers: -7.8%
2. Smartphones: -5.9% 
3. Women's outerwear: -3.8%
4. Jewelry: -3.2%
5. Used cars and trucks: -2.4%
6. Fresh fruit: -2.4%
7. Fresh saccharine rolls, java cakes and doughnuts: -1.9%
8. Living room, room and eating country furniture: -1.9%
9. Window coverings: -1.2%
10. Toys: -1.1%

With semiconductor shortages easing, utilized car prices continued to driblet successful October. Prices person steadily declined implicit the past 4 months by astir 6%.

And with surging involvement rates shrinking the lodging market, it's not astonishing that galore terms declines are related to communal new-home goods similar furnishings, model coverings and ample appliances, says Gene Goldman, main concern serviceman astatine concern steadfast Cetera Investment Management.

Given the slowing system and widespread concerns of a recession, terms drops for high-end luxury items similar smartphones and jewelry are to beryllium expected, too, helium says.

While this is bully quality for shoppers, astir items with terms declines successful October are inactive much costly than they were past year. For instance, prices for washers and dryers declined by 7.8% past month, but they are inactive up 1.5% compared to past October.

But immoderate terms alleviation is amended than nary astatine all.

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