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

Because corporations use inflation as an excuse to jack up prices (as well as deny raises and cut staffing levels, remove benefits, etc)

And it works, because instead of being in here asking why corporations are jacking up prices, you’re asking about inflation.