According to the U.S. Bureau of Labor Statistics, prices for candy and chewing gum were 9.91% higher in 2020 versus 2012 (a $1.98 difference in value).
Between 2012 and 2020: Candy and chewing gum experienced an average inflation rate of 1.19% per year. In other words, candy and chewing gum costing $20 in the year 2012 would cost $21.98 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation for candy and chewing gum was lower.
In the year 2012: Pricing changed by 3.63%, which is above the average yearly change for candy and chewing gum during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for candy and chewing gum was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Candy and chewing gum:
Below are calculations of equivalent buying power for Candy and chewing gum, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|