According to the U.S. Bureau of Labor Statistics, prices for citrus fruits were 21.14% higher in 2020 versus 2012 (a $4.23 difference in value).
Between 2012 and 2020: Citrus fruits experienced an average inflation rate of 2.43% per year. This rate of change indicates significant inflation. In other words, citrus fruits costing $20 in the year 2012 would cost $24.23 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation for citrus fruits was higher.
In the year 2012: Pricing changed by -1.54%, which is significantly below the average yearly change for citrus fruits during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for citrus fruits was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Citrus fruits:
Below are calculations of equivalent buying power for Citrus fruits, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|