According to the U.S. Bureau of Labor Statistics, prices for canned fruits and vegetables were 2.97% higher in 2020 versus 2019 (a $0.59 difference in value).
Between 2019 and 2020: Canned fruits and vegetables experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, canned fruits and vegetables costing $20 in the year 2019 would cost $20.59 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.23% during this same period, inflation for canned fruits and vegetables was higher.
In the year 2019: Pricing changed by 3.14%, which is above the average yearly change for canned fruits and vegetables during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for canned fruits and vegetables was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Canned fruits and vegetables:
Below are calculations of equivalent buying power for Canned fruits and vegetables, 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|