I think the OP's point is that as prices aren't dropping and the comparisons are with this time last year before the fuel price spike, a year of "8-9% YoY infla

I think the OP's point is that as prices aren't dropping and the comparisons are with this time last year before the fuel price spike, a year of "8-9% YoY inflation" headlines is prices having risen 8-9% once, not some compounding effect. Which doesn't mean central bankers wouldn't be happier if the rate was 0.3 points below expectations rather than 0.3 points above it, but the June YoY figure being way ahead of the 2% we used to see reflects stuff that happened earlier in the year, not a spiral that needs addressing asap. If the YoY figure was around 2% in June, that wouldn't imply a reversion to normal economic conditions, it would imply stores had run round slashing prices.