For most people, the company they work for is also enduring an increase in costs from their vendors, and salary increases often take a backseat to keeping supplies inbound. Multiyear lease agreements and many support contracts get pegged to CPI for annual increases, meaning budgets will have to increase for these basics. Since everything is competing for the same pot of money, inflation generally means you paycheck is worth less and you'll be lucky to see a timely increase to account for it.

From BLS: "In June, the Consumer Price Index for All Urban Consumers rose 0.9 percent on a seasonally adjusted basis; rising 5.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.9 percent in June (SA); up 4.5 percent over the year (NSA)." https://www.bls.gov/cpi/