According to the U.S. Bureau of Labor Statistics, prices for bakery products were 6.15% higher in 2021 versus 2017 (a $1.23 difference in value).
Between 2017 and 2021: Bakery products experienced an average inflation rate of 1.50% per year. In other words, bakery products costing $20 in the year 2017 would cost $21.23 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.98% during this same period, inflation for bakery products was lower.
In the year 2017: Pricing changed by -0.01%, which is below the average yearly change for bakery products during the 2017-2021 time period. Compared to inflation for all items in 2017 (2.13%), inflation for bakery products was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bakery products:
Below are calculations of equivalent buying power for Bakery products, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|