According to the U.S. Bureau of Labor Statistics, prices for dishes and flatware were 3.38% lower in 2019 versus 2018 (a $0.68 difference in value).
Between 2018 and 2019: Dishes and flatware experienced an average inflation rate of -3.38% per year. This rate of change indicates significant deflation. In other words, dishes and flatware costing $20 in the year 2018 would cost $19.32 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for dishes and flatware was significantly lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dishes and flatware:
Year | 2018 | 2019 |
CPI | 48.611 | 46.969 |
Below are calculations of equivalent buying power for Dishes and flatware, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2018 | $20.00 | - |
2019 | $19.32 | -3.38%* |