According to the U.S. Bureau of Labor Statistics, prices for crackers, bread, and cracker products are 20.46% higher in 2022 versus 2019 (a $4.09 difference in value).
Between 2019 and 2022: Crackers, bread, and cracker products experienced an average inflation rate of 6.40% per year. This rate of change indicates significant inflation. In other words, crackers, bread, and cracker products costing $20 in the year 2019 would cost $24.09 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 4.23% during this same period, inflation for crackers, bread, and cracker products was higher.
In the year 2019: Pricing changed by 2.15%, which is significantly below the average yearly change for crackers, bread, and cracker products during the 2019-2022 time period. Compared to inflation for all items in 2019 (1.81%), 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 2019. 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: