Nebraskans could get badly needed relief in 2023 after prices skyrocketed last year
LINCOLN, Neb. (KLKN) – 2022 brought the highest rate of inflation in 40 years. The price of gas, groceries and everything in between skyrocketed, but some experts say this year might be different.
“Typically the cost associated with goods and services fluctuates from year to year,” said Josh Planos, spokesperson for Better Business Bureau. “With inflation what it is now, those prices are through the roof.”
Even though consumers are entering 2023 with those record prices, some experts say relief could be on the way.
“As the economy evens out, which is the expectation over the next few months, some of those goods and services will start to decrease in price,” Planos said. “Some of the bigger ticket items, things like lumber, that’ll take a lot longer to even out.”
Planos says most products and services have price fluctuations frequently. What something costs one week, could be a very different price the next.
“It’s always best to have a plan,” Planos said.
Experts recommend paying close attention to price changes in January and use it as a litmus test for how the rest of the year will go.