Depends more on whether they're buying or selling. Lot's of folks belly ache about through-the-roof inflation and how say, the food they buy is so expensive, and then they clam up when it comes to how much their salaries have been inflating. Interesting you mentioned milk because the reason that the dairy industry's not at all happy about the price of milk is because they say it's too low: U.S. milk prices face downward pressure, analyst says
I work at a private consulting engineering company.
I can assure you that no one there - all competent college grads - has had cause in the last decade to brag about how much their salaries have been inflating. :)
If you want to talk medical, there is some hefty inflation for sure.
New work has been hard to win following the beginning of the recession. Profit margins are literally non-existent so that the newer job budgets are routinely raided to complete older work. This problem is exacerbated by the ever more stringent environmental and other regulatory hurdles. Those letting the jobs understand our problems but they have only so much available to pay for performing the work.
So if you can arrange it, please some compensation inflation our way.