According to the U.S. Bureau of Labor Statistics, prices for bakery products are 372.98% higher in 2024 versus 1980 (a $74.60 difference in value).
Between 1980 and 2024: Bakery products experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, bakery products costing $20 in the year 1980 would cost $94.60 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.08% during this same period, inflation for bakery products was higher.
In the year 1980: Pricing changed by 11.38%, which is significantly above the average yearly change for bakery products during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation for bakery products was lower.
Below are calculations of equivalent buying power for Bakery products, over time, for $20 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1980 | $20.00 | 11.38% |
1981 | $21.92 | 9.60% |
1982 | $22.95 | 4.69% |
1983 | $23.79 | 3.65% |
1984 | $24.87 | 4.55% |
1985 | $25.82 | 3.82% |
1986 | $26.51 | 2.67% |
1987 | $27.46 | 3.60% |
1988 | $29.06 | 5.83% |
1989 | $31.39 | 8.00% |
1990 | $33.23 | 5.85% |
1991 | $34.54 | 3.96% |
1992 | $35.90 | 3.93% |
1993 | $37.16 | 3.50% |
1994 | $38.64 | 3.98% |
1995 | $39.94 | 3.39% |
1996 | $42.03 | 5.21% |
1997 | $43.24 | 2.88% |
1998 | $44.26 | 2.36% |
1999 | $45.21 | 2.17% |
2000 | $46.33 | 2.47% |
2001 | $48.05 | 3.71% |
2002 | $49.20 | 2.39% |
2003 | $50.52 | 2.68% |
2004 | $51.61 | 2.17% |
2005 | $52.64 | 1.98% |
2006 | $54.03 | 2.65% |
2007 | $56.48 | 4.54% |
2008 | $62.30 | 10.31% |
2009 | $64.18 | 3.02% |
2010 | $63.96 | -0.35% |
2011 | $66.34 | 3.73% |
2012 | $68.40 | 3.11% |
2013 | $69.57 | 1.71% |
2014 | $69.82 | 0.36% |
2015 | $70.79 | 1.39% |
2016 | $70.86 | 0.09% |
2017 | $70.85 | -0.01% |
2018 | $71.44 | 0.83% |
2019 | $72.75 | 1.84% |
2020 | $74.49 | 2.38% |
2021 | $76.36 | 2.52% |
2022 | $86.06 | 12.70% |
2023 | $93.79 | 8.99% |
2024 | $94.60 | 0.85%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bakery products:
Year | 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 64.700 | 67.992 | 75.231 | 83.792 | 91.838 | 96.146 | 99.654 | 104.185 | 108.169 | 111.062 | 115.062 | 121.769 | 131.515 | 139.215 | 144.723 | 150.408 | 155.677 | 161.869 | 167.354 | 176.069 | 181.138 | 185.415 | 189.431 | 194.108 | 201.315 | 206.123 | 211.654 | 216.238 | 220.523 | 226.362 | 236.633 | 261.026 | 268.906 | 267.956 | 277.950 | 286.583 | 291.489 | 292.532 | 296.603 | 296.866 | 296.830 | 299.298 | 304.810 | 312.064 | 319.920 | 360.548 | 392.958 | 396.317 |