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

Basically it’s an average inflation rate for all goods. The price of your food increased by 50% but it’s all fine because purchasing a new dishwasher only costs 1.2% more! Just eat dishwashers.