How does 8% inflation correlate with the 30-50% increase in the price of products also accounting for shrinkflation?

Question

Edit: thanks to everyone especially those of you that have really detailed answers. I’ve learned a lot .

In: 448

Answer 1

The trick is to redefine what products you base inflation off of. If you don’t like what the numbers are telling you, you re-create the base group of products.