https://www.siliconvalley.com/2024/12/30/jill-on-money-are-we-getting-used-to-high-prices/

Something interesting is emerging when it comes to the next chapter of the inflation story.

For context, in the decade before COVID-19, the annual inflation rate (as measured by the Consumer Price Index (CPI)) ran at about 2 percent. When the global economy shut down and commerce essentially halted due to the pandemic, the annual inflation rate bottomed at 0.1% (May 2020).