According to the U.S. Bureau of Labor Statistics, prices for bread were 6.85% higher in 2020 versus 2016 (a $0.34 difference in value).
Between 2016 and 2020: Bread experienced an average inflation rate of 1.67% per year. In other words, bread costing $5 in the year 2016 would cost $5.34 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for bread was lower.
In the year 2016: Pricing changed by -0.11%, which is below the average yearly change for bread during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for bread was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bread:
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 | 101.108 | 103.815 | 107.362 | 112.531 | 115.362 | 118.515 | 121.138 | 126.238 | 130.392 | 140.094 | 160.559 | 162.576 | 159.759 | 168.673 | 173.391 | 176.765 | 176.423 | 178.654 | 178.453 | 178.285 | 179.352 | 184.134 | 190.673 |
Below are calculations of equivalent buying power for Bread, over time, for $5 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 |
---|---|---|
2016 | $5.00 | -0.11% |
2017 | $5.00 | -0.09% |
2018 | $5.03 | 0.60% |
2019 | $5.16 | 2.67% |
2020 | $5.34 | 3.55%* |