According to the U.S. Bureau of Labor Statistics, prices for crackers, bread, and cracker products are 8.31% higher in 2021 versus 2012 (a $1.66 difference in value).
Between 2012 and 2021: Crackers, bread, and cracker products experienced an average inflation rate of 0.89% per year. In other words, crackers, bread, and cracker products costing $20 in the year 2012 would cost $21.66 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.86% during this same period, inflation for crackers, bread, and cracker products was lower.
In the year 2012: Pricing changed by 3.07%, which is above the average yearly change for crackers, bread, and cracker products during the 2012-2021 time period. Compared to inflation for all items in 2012 (2.07%), inflation for crackers, bread, and cracker products was higher.
Below are calculations of equivalent buying power for Crackers, bread, and cracker products, 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|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Crackers, bread, and cracker products: