Meanwhile, government will tell you inflation is some number like ~5%
The base model 14" MacBook Pro released in 2021 was $1,999. Today, Apple raised the price of the current base model to, you guessed it, $1,999.
And of course it should go without saying that the current models are substantially better.
Edit: don't know where that $1,299 came from, Apple's announcement says $999: https://www.apple.com/newsroom/2020/11/introducing-the-next-...
That's a 30% increase. Over 5.5 years, that's right about 5% per year.