Inflation is a result of too much money being created than what is needed by the growth of the economy. Average price increase that we use to estimate it is just a useful proxy.
Inflation is always the main contribution to price increase. It only makes sense to compare price raise above or below inflation if you want to unearth factors specific to any given product or industry.
Inflation is always the main contribution to price increase. It only makes sense to compare price raise above or below inflation if you want to unearth factors specific to any given product or industry.