According to the U.S. Bureau of Labor Statistics, prices for other beverage materials including tea were 5.74% higher in 2019 versus 2008 (a $1.15 difference in value).
Between 2008 and 2019: Other beverage materials including tea experienced an average inflation rate of 0.51% per year. In other words, other beverage materials including tea costing $20 in the year 2008 would cost $21.15 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.54% during this same period, inflation for other beverage materials including tea was lower.
In the year 2008: Pricing changed by 2.53%, which is above the average yearly change for other beverage materials including tea during the 2008-2019 time period. Compared to inflation for all items in 2008 (3.84%), inflation for other beverage materials including tea was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other beverage materials including tea:
Below are calculations of equivalent buying power for Other beverage materials including tea, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|