Actually I believe:
There is inflation in things you need (gas, food, energy, utilities) and deflation in things you want (luxury items, car, house)
There is inflation in things you need (gas, food, energy, utilities) and deflation in things you want (luxury items, car, house)
http://www.statcan.gc.ca/subjects-sujets/cpi-ipc/cpi-ipc-eng...
DEFLATION:
-Shelter
-Clothing, footwear
-Transportation
INFLATION:
-Food
-Household furnishings/equipment
-Health and personal care
-Recreation, education, reading
-Alcohol and tobacco
So it's not as clear cut (at least here in Canada over the last year) as necessities seeing their prices go up with luxury items seeing them fall.
For that matter, gas prices were like 50% higher before this crisis began...