According to the U.S. Bureau of Labor Statistics, prices for chicken were 4.96% higher in 2020 versus 2019 (a $0.99 difference in value).
Between 2019 and 2020: Chicken experienced an average inflation rate of 4.96% per year. This rate of change indicates significant inflation. In other words, chicken costing $20 in the year 2019 would cost $20.99 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.23% during this same period, inflation for chicken was significantly higher.
In the year 2019: Pricing changed by -0.24%, which is significantly below the average yearly change for chicken during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for chicken was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Chicken:
Below are calculations of equivalent buying power for Chicken, 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|