According to the U.S. Bureau of Labor Statistics, prices for cereals and cereal products were 0.28% lower in 2021 versus 2014 (a $0.06 difference in value).
Between 2014 and 2021: Cereals and cereal products experienced an average inflation rate of -0.04% per year. In other words, cereals and cereal products costing $20 in the year 2014 would cost $19.94 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for cereals and cereal products was lower.
In the year 2014: Pricing changed by 0.07%, which is above the average yearly change for cereals and cereal products during the 2014-2021 time period. Compared to inflation for all items in 2014 (1.62%), inflation for cereals and cereal products was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Cereals and cereal products:
Below are calculations of equivalent buying power for Cereals and cereal products, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|