According to the U.S. Bureau of Labor Statistics, prices for candy and chewing gum are 20.94% higher in 2022 versus 2013 (a $4.19 difference in value).
Between 2013 and 2022: Candy and chewing gum experienced an average inflation rate of 2.14% per year. This rate of change indicates significant inflation. In other words, candy and chewing gum costing $20 in the year 2013 would cost $24.19 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.40% during this same period, inflation for candy and chewing gum was lower.
In the year 2013: Pricing changed by -0.96%, which is significantly below the average yearly change for candy and chewing gum during the 2013-2022 time period. Compared to inflation for all items in 2013 (1.46%), inflation for candy and chewing gum was lower.
Below are calculations of equivalent buying power for Candy and chewing gum, over time, for $20 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Candy and chewing gum: