Yes, if prices relax, then we will see the deflation reflected in the numbers. A shift of both demand and supply, resulting in increased prices, is one way inf

Yes, if prices relax, then we will see the deflation reflected in the numbers. A shift of both demand and supply, resulting in increased prices, is one way inflation can happen. What is important in CPI inflation are the prices consumers pay. How that fits into bigger picture money supply * money velocity is a different conversation