According to the U.S. Bureau of Labor Statistics, prices for commodities less food and energy commodities were 0.33% higher in 2021 versus 2011 (a $0.07 difference in value).
Between 2011 and 2021: Commodities less food and energy commodities experienced an average inflation rate of 0.03% per year. In other words, commodities less food and energy commodities costing $20 in the year 2011 would cost $20.07 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for commodities less food and energy commodities was lower.
In the year 2011: Pricing changed by 1.33%, which is above the average yearly change for commodities less food and energy commodities during the 2011-2021 time period. Compared to inflation for all items in 2011 (3.16%), inflation for commodities less food and energy commodities was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Commodities less food and energy commodities:
Below are calculations of equivalent buying power for Commodities less food and energy commodities, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|