Inflation over the last, say, 5 years, has definitively not averaged 2% pa. Especially in basic supplies like food and fuel. Consumer goods often have "sticky"

Inflation over the last, say, 5 years, has definitively not averaged 2% pa. Especially in basic supplies like food and fuel. Consumer goods often have "sticky" prices, for various reasons. Example: https://en.m.wikipedia.org/wiki/Fixed_price_of_Coca-Cola_from_1886_to_1959 https://en.m.wikipedia.org/wiki/Fixed_price_of_Coca-Cola_fro...