According to the U.S. Bureau of Labor Statistics, prices for breakfast cereal were 0.84% higher in 2020 versus 2019 (a $0.17 difference in value).
Between 2019 and 2020: Breakfast cereal experienced an average inflation rate of 0.84% per year. In other words, breakfast cereal costing $20 in the year 2019 would cost $20.17 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 0.74% during this same period, inflation for breakfast cereal was higher.
In the year 2019: Pricing changed by 0.53%, which is below the average yearly change for breakfast cereal during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for breakfast cereal was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Breakfast cereal:
Below are calculations of equivalent buying power for Breakfast cereal, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|