According to the U.S. Bureau of Labor Statistics, prices for citrus fruits are 22.43% higher in 2024 versus 2016 (a $4.49 difference in value).
Between 2016 and 2024: Citrus fruits experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, citrus fruits costing $20 in the year 2016 would cost $24.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.38% during this same period, inflation for citrus fruits was lower.
In the year 2016: Pricing changed by 2.65%, which is above the average yearly change for citrus fruits during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for citrus fruits was higher.
Below are calculations of equivalent buying power for Citrus fruits, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2016 | $20.00 | 2.65% |
2017 | $20.93 | 4.65% |
2018 | $22.17 | 5.91% |
2019 | $21.44 | -3.27% |
2020 | $21.02 | -1.95% |
2021 | $22.36 | 6.37% |
2022 | $24.95 | 11.58% |
2023 | $24.61 | -1.36% |
2024 | $24.49 | -0.52%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
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 | 2021 | 2022 | 2023 | 2024 |
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 | 268.649 | 299.766 | 295.695 | 294.161 |