According to the U.S. Bureau of Labor Statistics, prices for citrus fruits were 5.19% higher in 2020 versus 2014 (a $1.04 difference in value).
Between 2014 and 2020: Citrus fruits experienced an average inflation rate of 0.85% per year. In other words, citrus fruits costing $20 in the year 2014 would cost $21.04 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.45% during this same period, inflation for citrus fruits was lower.
In the year 2014: Pricing changed by 11.05%, which is significantly above the average yearly change for citrus fruits during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for citrus fruits was much higher.
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 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|