The U.S. is still grappling with higher inflation, government data released this week shows.
This "does not mean prices have come down, it just means that they are increasing at a slower rate," said Brett House, an economics professor at Columbia Business School.
"It is reasonable that people continue to be frustrated by high prices," House said.
While inflation is an overall increase in prices, that doesn't mean all prices go up, said Eugenio Aleman, chief economist at Raymond James.
"Some prices go up, some prices go down," Aleman said.
Persons:
Brett House, —, Eugenio Aleman, Raymond James, Aleman
Organizations:
Columbia Business School, Bureau of Labor Statistics
Locations:
U.S