Commodities Less Food and Energy Commodities Inflation by Year, 2003

Commodities Less Food And Energy Commodities Inflation Calculator

Prices for Commodities Less Food And Energy Commodities, 2003-2026 ($20)

According to the U.S. Bureau of Labor Statistics, prices for commodities less food and energy commodities are 19.17% higher in 2026 versus 2003 (a $3.83 difference in value).

Between 2003 and 2026, Commodities less food and energy commodities experienced an average inflation rate of 0.77% per year. In other words, commodities less food and energy commodities costing $20 in the year 2003 would cost $23.83 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.60% during this same period, inflation for commodities less food and energy commodities was lower.

In the year 2003: Pricing changed by -1.96%, which is below the average yearly change for commodities less food and energy commodities during the 2003-2026 time period. Compared to inflation for all items in 2003 (2.27%), inflation for commodities less food and energy commodities was much lower.

Price Inflation for Commodities less food and energy commodities since 1957

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (9.43%), 1975 (9.38%), and 1979 (8.40%).

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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Commodities less food and energy commodities, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2003	$20.00	-1.96%
2004	$19.81	-0.93%
2005	$19.92	0.51%
2006	$19.97	0.26%
2007	$19.88	-0.42%
2008	$19.91	0.14%
2009	$20.17	1.28%
2010	$20.39	1.09%
2011	$20.66	1.33%
2012	$20.92	1.26%
2013	$20.91	-0.04%
2014	$20.84	-0.35%
2015	$20.74	-0.47%
2016	$20.64	-0.47%
2017	$20.50	-0.70%
2018	$20.45	-0.23%
2019	$20.49	0.22%
2020	$20.52	0.15%
2021	$21.83	6.35%
2022	$23.49	7.62%
2023	$23.70	0.89%
2024	$23.45	-1.08%
2025	$23.63	0.80%
2026	$23.83	0.85%*

* 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 Commodities less food and energy commodities:

Year	1957	1958	1959	1960	1961	1962	1963	1964	1965	1966	1967	1968	1969	1970	1971	1972	1973	1974	1975	1976	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	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	2025	2026
CPI	37.367	37.842	38.367	38.517	38.633	38.950	39.200	39.625	39.792	40.292	41.250	42.842	44.733	46.700	48.525	49.675	51.058	54.967	60.125	63.200	66.467	70.433	76.350	83.550	89.958	95.350	100.208	104.425	107.158	108.592	111.800	115.750	119.608	123.642	128.758	132.450	135.233	137.142	139.317	141.283	142.333	143.150	144.142	144.858	145.283	143.692	140.875	139.567	140.283	140.642	140.053	140.246	142.041	143.588	145.499	147.331	147.278	146.770	146.079	145.396	144.377	144.051	144.361	144.571	153.757	165.479	166.947	165.144	166.468	167.886

Adjust commodities less food and energy commodities prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2003* 2003 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Commodities less food and energy commodities was 140.875 in the year 2003 and 167.886 in 2026:

167.886 / 140.875* $20 = $23.83

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $23.83 in 2026 (in the CPI category of Commodities less food and energy commodities).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Commodities less food and energy commodities in 1957. In addition to commodities less food and energy commodities, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.