According to the U.S. Bureau of Labor Statistics, prices for boys' and girls' footwear were 0.12% lower in 2020 versus 2016 (a $0.02 difference in value).
Between 2016 and 2020: Boys' and girls' footwear experienced an average inflation rate of -0.03% per year. In other words, boys' and girls' footwear costing $20 in the year 2016 would cost $19.98 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for boys' and girls' footwear was lower.
In the year 2016: Pricing changed by 1.09%, which is above the average yearly change for boys' and girls' footwear during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for boys' and girls' footwear was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Boys' and girls' footwear:
Below are calculations of equivalent buying power for Boys' and girls' footwear, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|