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:
| 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 |
| CPI | 100.000 | 128.077 | 158.969 | 135.708 | 141.992 | 150.338 | 152.462 | 162.131 | 178.723 | 197.700 | 217.583 | 211.230 | 198.806 | 203.959 | 211.751 | 208.479 | 215.112 | 238.610 | 234.064 | 240.264 | 251.429 | 266.277 | 257.567 | 252.551 |
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 |
|---|---|---|
| 2012 | $20.00 | -1.54% |
| 2013 | $20.64 | 3.18% |
| 2014 | $22.89 | 10.92% |
| 2015 | $22.45 | -1.91% |
| 2016 | $23.05 | 2.65% |
| 2017 | $24.12 | 4.65% |
| 2018 | $25.54 | 5.91% |
| 2019 | $24.71 | -3.27% |
| 2020 | $24.23 | -1.95%* |