However, things seem to be changing finally and the surprise jump in August is an indication that people have got the feeling that inflation is showing signs of peaking as prices remained unchanged in July. Lynn Franco, senior director of economic indicators at the Conference Board, said that the survey showed more willingness to spend now and vacation plans at their highest level this year. Also, gasoline prices have declined substantially over the past month amid the ongoing geopolitical tensions, which is yet another indicator that the global economic and business conditions are easing.