This would be a welcome Christmas present:

prices fell 2.6% [this past October] from a year earlier, marking the fifth straight month prices for durable goods experienced deflation

Morgan Stanley economists expect the deflation trend to continue through at least the midway point of next year due in part to strengthened supply chains, a projection that jives with stabilization tracked by the New York Fed’s Global Supply Chain Pressure Index.

In fact, deflation may remain so strong, it unwinds much of overall inflation all on its own