I think that is part of the misinformation campaign and it worked. Kamala failed to dispell that, and it costed her in the end.
Inflation is low, its around 2-3% which is the target for the fed reserve to maintain a healthy economy. But the population still thinks its high because prices are high. But thats because manufacturers and companies are still charging premium rates for everything as if inflation was booming....because they can. Part of her platform was to crack down on that, but she never really explained it well. So the message went nowhere.
The economy is great right now, however.