Target Is Lowering Prices , of 5,000 Items.<br />On May 20, the retailer said it's <br />cutting prices on common goods to <br />help people save money, NPR reports. .<br />Items like "milk, meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter, coffee, diapers, paper towels, pet food and more" will see price reductions, Target said.<br />We know consumers are feeling <br />pressured to make the most of <br />their budget, and Target is here <br />to help them save more. , Executive Vice President Rick Gomez, via statement.<br />1,500 items have already seen price cuts, <br />and more cuts will be made over the summer.<br />Examples of lower prices in some areas include Thomas' Plain Bagels dropping from $4.19 to $3.79.<br />Clorox Scented Wipes dropping from $5.79 to $4.99 .<br />and Good & Gather Unsalted Butter <br />dropping from $3.99 to $3.79.<br />In March, the personal consumption expenditures (PCE) price index was <br />up 2.7% year-over-year, NPR reports.<br />The Federal Reserve uses the <br />PCE to help measure inflation.<br />Typically, the agency likes the PCE to be at 2%
