No, they(prices) will not down. Because stagflation is approaching the world. You will receive (in real money) less, and prices (in real money) will be more and more. Actually, the most, as usual, pensioners will suffer, at which the authorities do not care. Just the other day they wrote that the planned indexation of pensions in the same England in 2022 is several times lower than real inflation. This is called stagflation. In stagflation, only the most productive and active persons survive, which can get money more then nominal prices increasing.
People in developing countries have long been familiar with stagflation and hyperinflation. And the elderly, people with disabilities and the poorest, always have the costs of the most necessary maximum.
It is just a high tech industry, thanks to the complex chains of the division of labor (and the fact that this market is not considered socially significant goods, i.e. it is not controlled by the authorities) usually reacts most quickly and powerfully. Sometimes progress manages to replay inflation, but now definitely the wrong time. Progress in IT is weak, and inflation is powerful all over the planet.
People are accustomed to low inflation for decades and now, seeing powerful shifts on a nominal scale of prices, are in mass shock.
"We must run as fast as we can, just to stay in place. And if you wish to go anywhere you must run twice as fast as that." (c)