Inflation figures are ubiquitous in valuation calculations. In normal times, inflation measurements are faulty but reasonable: Data is consistent and the spending basket used to calculate inflation is unlikely to change drastically. But in the post-COVID era, all of this could change and become a problematic input for valuation models. Peter Muoio, Senior Director of SitusAMC Insights, and Brian Velky, SitusAMC Head of Real Estate Valuation Services, discuss the inflation dilemma, and how these changing dynamics are altering the valuation process.