I've been seeing consistently lower cpp than a few months ago for the rest of the year. What about you?

I've never come across this before. For example, SFO-SAN-ORD on 11/21 is $418 in business class of 47.5k points + $6. That's not even 1 cpp.

Similarly, SJC-GDL on 11/22 is 32.5k + $62 points in main or $346.

Most of the flights I've looked up seem to be at or lower than 1cpp, whereas I used to always get 1.1-1.4 cpp at a bare minimum.

Has anyone else felt that the miles/points deals don't seem to be worse than before?