Fresh fruits priced at $10 in 2000 $13.90 in 2017

Historical Price Inflation for Fresh fruits

$

Prices for Fresh Fruits, 2000-2017 ($10)

According to the U.S. Bureau of Labor Statistics, prices for fresh fruits were 28.08% lower in 2000 versus 2017.

Fresh fruits experienced an average inflation rate of 1.96% per year between 2000 and 2017. In other words, fresh fruits costing $10 in the year 2000 would cost $13.90 in 2017 for an equivalent purchase.

Pricing changed by -3.07% in 2000, significantly below the yearly average change for fresh fruits during the 2000-2017 time period. Compared to overall inflation for all items in 2000 (3.27%), price inflation for fresh fruits was much lower.

Price Inflation for Fresh fruits since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1978 (16.28%), 1977 (13.07%), and 1991 (11.86%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh fruits:

Year 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
CPI 21.846 21.854 23.777 22.315 21.685 23.723 23.969 24.100 23.738 24.462 25.485 27.531 25.485 27.738 28.246 28.538 31.438 31.669 30.315 31.692 32.123 36.315 35.131 35.577 37.738 39.800 44.562 48.446 51.754 51.669 59.438 71.000 79.815 84.762 89.362 99.315 95.092 105.592 116.269 118.654 132.015 142.969 152.362 170.885 193.885 184.162 188.777 201.185 218.954 234.423 236.300 246.508 266.262 258.338 265.085 270.238 279.123 286.808 297.431 315.185 329.506 345.416 324.364 322.329 333.091 336.575 343.162 359.733 351.961 359.798 359.186

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How to calculate the inflation rate for fresh fruits, 2000-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 2000 * 2000 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for Fresh fruits was 258.338 in the year 2000 and 359.186 in 2017:

359.186 / 258.338 * $10 = $13.90

Therefore, according to U.S. Bureau of Labor Statistics, the "purchasing power" of $10 from 2000 is $13.90 in 2017 (in the category of Fresh fruits).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Fresh fruits in 1947. In addition to fresh fruits, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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