I've been in the medical device field for over 20 years. Prices have increased steadily but predictable over the years. Most are made from specialty metals.
I have been getting steady price increase notices unlike anything I have ever seen before. Most effective August 1st and all in double digit percentages which previously was unheard of. Call it fake, call it exaggerated, call it what ever you want but it's going to hit you in the wallet.
If you have variable rate loans you better lock them down because inflation is going to hit you square in the face.