It got laughed at a little bit on RHR, but I thought Jesse's point about the large number of Disney+ subscription cancelations recently being a strong indicator of people really feeling inflation was spot on.
Discussion
If you have a budget and because of inflation can no longer make it work the easiest things to shed to give yourself some breathing room are the small luxuries, Netflix, gym membership, Amazon Prime, Spotify, etc.
Those are going to be the first things you see people ditching when inflation worsens. People selling their cars or houses doesn't come until inflation has choked people to death. Those are last resort type of moves for most people.