I have a review coming up and I agreed to a salary position in Accounting, for a small business. I believe I have been doing great work for the company and I will have a review coming up. I would like to negotiate a raise and my question is should I ask for the bare minimum of a 7% raise of my salary due to inflation in 2021? Since technically I didn't get paid what I agreed on since inflation changed my salary's worth?
Or is this just a “stupid” arguing point to try and use since inflation is just a part of life?