Fresh biscuits, rolls, muffins priced at $20 in 2007 $26.18 in 2018

Historical Price Inflation for Fresh biscuits, rolls, muffins

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Prices for Fresh Biscuits, Rolls, Muffins, 2007-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for fresh biscuits, rolls, muffins were 30.92% higher in 2018 versus 2007 (a $6.18 difference in value).

Between 2007 and 2018: Fresh biscuits, rolls, muffins experienced an average inflation rate of 2.48% per year. This rate of change indicates significant inflation. In other words, fresh biscuits, rolls, muffins costing $20 in the year 2007 would cost $26.18 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.76% during this same period, inflation for fresh biscuits, rolls, muffins was higher.

Price Inflation for Fresh biscuits, rolls, muffins since 2007

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (11.25%), 2011 (6.57%), and 2015 (2.38%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh biscuits, rolls, muffins:

Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 136.458 151.813 154.897 153.881 163.992 167.782 171.564 171.988 176.086 175.899 175.630 178.652

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Buying power of $20 since 2007

Below are calculations of equivalent buying power for Fresh biscuits, rolls, muffins, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2007 $20.00 -
2008 $22.25 11.25%
2009 $22.70 2.03%
2010 $22.55 -0.66%
2011 $24.04 6.57%
2012 $24.59 2.31%
2013 $25.15 2.25%
2014 $25.21 0.25%
2015 $25.81 2.38%
2016 $25.78 -0.11%
2017 $25.74 -0.15%
2018 $26.18 1.72%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for fresh biscuits, rolls, muffins, 2007-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2007 * 2007 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Fresh biscuits, rolls, muffins was 136.458 in the year 2007 and 178.652 in 2018:

178.652 / 136.458 * $20 = $26.18

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2007 has the same "purchasing power" as $26.18 in 2018 (in the CPI category of Fresh biscuits, rolls, muffins).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fresh biscuits, rolls, muffins in 2007. In addition to fresh biscuits, rolls, muffins, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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