It depends how you measure inflation. Over the past decade or so we've seen what I've heard described as "biflation" - imported deflation in the prices of many goods alongside pretty high rates of inflation in some services, goods and assets (like company shares or real estate in some markets). Traditional measures of consumer price inflation are pretty heavily skewed towards goods and within those slightly skewed towards goods which come with imported deflation so when that all gets averaged out it shows slightly below target inflation but the headline numbers really don't tell you as much as they used to.

Whether this continues I have no idea but it's worth thinking about the components of "inflation" and what is and isn't included when considering its impact on the economy.