[…] Inflation for everyday items is nearing price rise rates similar to the discretionary item price slowdown earlier this year that led the initial overall inflation decline. The Bureau of Labor Statistics Thursday (Aug. 10) Consumer Price Index release noted prices rose only 0.2% month over month. And while that may be enough for the Federal Reserve to consider pausing the next interest rate hike, any price growth still means the cost of essentials, such as groceries, is going up. […]