That's the nature of inflation. Most things hit record highs every few years.
> While that $51,109 figure is an all-time high, that's only up 2.1% in the past year.
>
> "A 2.1% year-over-year increase is actually below inflation," said Erin Keating, an executive analyst at Cox Automotive who co-authored the report
irjustin•1m ago
It's sort of combined with the idea that "things are still high", or "they shouldn't be this high".
grumbelbart2•4m ago
> While that $51,109 figure is an all-time high, that's only up 2.1% in the past year. > > "A 2.1% year-over-year increase is actually below inflation," said Erin Keating, an executive analyst at Cox Automotive who co-authored the report
irjustin•1m ago