This is happening in the entire world, not only in the US.

Real inflation in consumer prices is way higher than what's in the actual official "inflation" number, which doesn't really help to understand real change in prices.

This is because for the calculation there are many things not considered that people still have to pay for, and most importantly, they simply substitute goods when they get too expensive.

For example, one year they might use wagyu beef, the next year they can swap that for standard beef, then the next year they might use chicken, then the next year just beans, and so on, and since the price hasn't changed they can simply say that their "protein" item has only went up a bit. That's the actual number they show as inflation.