Inflation is cooling, but high prices will stick around

Prediction  

• Slowing inflation hasn't brought relief for consumers yet because prices are still well above where they were a year ago.
• Commodity and freight costs are falling, but won't immediately trickle down to consumers in part due to supplier contracts and some companies' desire to boost profit margins.
• But retailers are fighting back by pushing their private label products, which could win over consumers with cheaper prices and force manufacturers to offer better deals.