>In the US the official inflation figure between 2019 and 2025 was 28%, but I feel like most people "on the ground" are seeing a much higher inflation rate in housing, food and transportation.
People's vibes are notoriously inaccurate. The most famous one is perceptions of crime, which (prior to covid) been dropping for decades, but you wouldn't get that impression from asking the average joe on the street. Same if you asked people basic economic figures like whether the stock market is up or down.