Projected 70M, realized 50M in three years period.
We can see that at first the realized inflation was even above the projected, and then a slowdown at the beginning of 2021, a massive drop at the end of August 2021.
In 2022 the realized inflation followed the projected, although it was a bit lower, and now in 2023 we can see the realized inflation is slowing down again.
Every time the realized inflation is going down is usually when the demand for HBD is up.