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Eth 2.0 Will Pay 5% Staking Rewards - How can you claimIs ETH isreally deflationary?

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Eth 2.0 Will Pay 5% Staking Rewards - How can you claim ETH is deflationary?

I am struggling to understand a key concept of the new Ethereum. I understand that some ETH rewards are burnt, but clearly the 5% rewards need to be created first and they are given to stakers as rewards. How would the issuance of new ETH only be around 1% by latest estimates https://www.coindesk.com/markets/2022/09/08/ethereum-merge-may-not-be-immediately-deflationary-crypto-trading-firm-qcp-says/