It depends. The number attached to (and reported about) inflation is dependent on the index, the products that are used to calculate the price delta. As well as

It depends. The number attached to (and reported about) inflation is dependent on the index, the products that are used to calculate the price delta. As well as the estimated share the specific products have in this virtual shopping cart. This shopping cart doesn't necessarily represent your or mine reality. If I compare myself now with my pre-corona self I massively reduced the need for gasoline. I work from home and don't commute > 300 kilometers per week anymore. I fill my gas tank about once every two months compared to twice per month. So the impact of rising gasoline prices to me is way less now. While the consumer index in Germany stayed the same. So my individually felt inflation differs massively from the average inflation that is based on a politically decided upon virtual shopping cart. It could have something to do with my reality. Or it could not. In that regard it is an arbitrary number. It could be higher or lower. And from experience - but that is anecdata - the more one earns the less inflation is subjectively relevant.