Deflation vs. disinflation: One is 'the more ideal outcome,' economist says

A customer visits a supermarket in San Mateo, California, on Dec. 12, 2023. Li Jianguo | Xinhua News Agency | Getty Images Inflation is retreating from its pandemic-era highs. Economic jargon yields two similar terms — "deflation" and "disinflation" — that might describe this pullback. So, which is the U.S. experiencing? In short: Disinflation. What is disinflation? In an economy experiencing disinflation, prices are still rising. However, they're growing at a slower pace than they had been. The inflation rate is still positive but at a lower level. The consumer price index — a key inflation measure, which tracks average prices…