How can inflation be only a few percentage points and yet many goods and services are up over 50% since 2019?

Question

How can inflation be only a few percentage points and yet many goods and services are up over 50% since 2019?

In: 187

Answer 1

The real reason is that those inflation reports are often made by either government agencies or private organizations supported by government agencies. And as such, they make sure to calculate th8ngs in the way that, despite not being false, give a better impression than reality.

Stuff like only comparing to last year even if the inflation is intense since 3 years.

Lowering the average by including the prices of stuff that consumers don’t really buy but big companies do (thus diluting for example the inflation of groceries)

And all kind of such tactics.