To some degree. We’ve seen prices rise in the pandemic and drop back down substantially over time back to pre-pandemic numbers. Look at price trends for construction supplies, for instance. Not sure if that is what you’re referring to, however

Relative to inflation.

Which is "ok" as wages will start to go up over time (for some). But some wages don't climb as fast and some people are on fixed revenue (old people, disabled people).

So it requires readjustments