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Prices high despite falling inflation rate, analysts say drop unlikely

(Jessica Nitti/WUFT News)

The inflation rate dropped to 3.1%, but high prices remain stagnant, defying hopes for widespread decrease.

Economists caution against expecting prices to revert to pre-pandemic levels without deflation, a scenario typically associated with severe recessions. WUFT's Jessica Nitti and Kennedy Chambers have more.

Kennedy is a reporter for WUFT News who can be reached by calling 352-392-6397 or emailing