Let's look a how they arrive at the inflation number
23% is housing , which should be negative at the moment
17% is food and drinks , a big factor in this is energy costs , totally beyond our control
11% is transport , again a big factor in this is energy costs , totally beyond our control
9% smokes and alcohol , only the government controls these prices
There are a few more...
Funny that energy is not in the calculations
Too much of the above is beyond our control and jacking interest rates up changes very little