The inflation was uneven, as noted above. Some things got cheaper, I was ooggling new TVs at Costco thinking this $1299 model used to be $3,599. Most consumers "see it" in gas prices (which have moderated) and food prices. We see gas prices daily even if we don't fill up, and food we see weekly or more. We usually have a rough idea how much we'd spend "before" and now it's "more", often exaggerated in our minds.
I buy cans of coffee at Costco that used to be $10, easy to remember, for a 3 lb can of "Columbian", and now it's $14. I don't have as clear an idea what eggs cost before versus now, I know the price jumped and then settled back some. Our qualitative assessment of inflation is usually not accurate because we notice big price jumps and tend to ignore things that didn't go up.
