According to the U.S. Bureau of Labor Statistics, prices for canned fruits and vegetables are 28.59% higher in 2024 versus 2020 (a $5.72 difference in value).
Between 2020 and 2024: Canned fruits and vegetables experienced an average inflation rate of 6.49% per year. This rate of change indicates significant inflation. In other words, canned fruits and vegetables costing $20 in the year 2020 would cost $25.72 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for canned fruits and vegetables was higher.
In the year 2020: Pricing changed by 2.97%, which is significantly below the average yearly change for canned fruits and vegetables during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for canned fruits and vegetables was higher.
Below are calculations of equivalent buying power for Canned fruits and vegetables, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | 2.97% |
| 2021 | $20.73 | 3.66% |
| 2022 | $23.61 | 13.86% |
| 2023 | $25.27 | 7.06% |
| 2024 | $25.72 | 1.77%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Canned fruits and vegetables:
| 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 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 102.500 | 104.923 | 105.423 | 108.262 | 112.185 | 113.177 | 113.892 | 118.162 | 121.785 | 125.503 | 140.125 | 152.111 | 150.053 | 153.616 | 158.503 | 160.569 | 162.201 | 162.729 | 162.001 | 158.205 | 158.747 | 163.739 | 168.595 | 174.769 | 198.996 | 213.038 | 216.803 |