According to the U.S. Bureau of Labor Statistics, prices for baby food were 6.98% higher in 2020 versus 2018 (a $0.70 difference in value).
Between 2018 and 2020: Baby food experienced an average inflation rate of 3.43% per year. This rate of change indicates significant inflation. In other words, baby food costing $10 in the year 2018 would cost $10.70 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for baby food was higher.
In the year 2018: Pricing changed by 2.18%, which is below the average yearly change for baby food during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for baby food was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Baby food:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 100.000 | 102.100 | 105.977 | 110.269 | 113.831 | 115.854 | 118.692 | 122.585 | 124.362 | 128.015 | 130.415 | 137.715 | 139.985 | 139.927 | 143.402 | 149.214 | 151.166 | 154.161 | 153.917 | 155.851 | 158.333 | 161.782 | 168.648 | 173.071 |
Below are calculations of equivalent buying power for Baby food, over time, for $10 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2018 | $10.00 | 2.18% |
2019 | $10.42 | 4.24% |
2020 | $10.70 | 2.62%* |