Inflation has fallen dramatically but remains a top concern for voters.
by Max Zahn
ABC News
As the U.S. hurtles toward a presidential election this fall, the nation’s inflation rate has quietly returned to normal, even as it continues to worry voters and draw focus at campaign events.
More than half of adults list inflation as a top issue for the country, making it the highest-ranking concern by a wide margin over the likes of immigration, crime and abortion, according to an Ipsos poll conducted late last month.
The disconnect stems in part from a typical lag between when inflation comes down and when consumers acclimate to new price levels, since a lower inflation rate does not mean prices have come down but rather that they have begun to increase at a slower pace, experts told ABC News.