Same for USD and other major currencies, as most countries have inflation around 2%. Only currency that has done significantly better is the swiss frank.
Through some technicality maybe itβs that, but food prices have increased by a large double-digit percentage.
Construction materials (and laborers) are stupidly expensive.
On average over the last 25 years according to perplexity. (for example, found an old message about price of bread in 2000: 1.99 dutch guilders. You can now get a bread for 2 euros. That translates to 3.21%) I think a lot of people are overestimating inflation percentages over longer periods of time.