Another factor is simply the economics of supply and demand. Generally speaking, manufacturers/retailers will sell products for the highest price the market will bear. If buyers are willing to spend more than just the inflation-adjusted cost increase, so be it.
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RIP 01/08/25...2022 Trek Supercaliber, 2018 Storck Fascenario.3 Platinum, 2018 Trek Procaliber SL Singlespeed, 2017 Bear BR1, 2003 Time VX Special Pro, 2001 Colnago VIP, 1999 Trek 9900 singlespeed, 1977 Nishiki ONP