According to the U.S. Bureau of Labor Statistics, prices for dishes and flatware were 20.98% lower in 2021 versus 2012 (a $4.20 difference in value).
Between 2012 and 2021: Dishes and flatware experienced an average inflation rate of -2.58% per year. This rate of change indicates significant deflation. In other words, dishes and flatware costing $20 in the year 2012 would cost $15.80 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.53% during this same period, inflation for dishes and flatware was significantly lower.
In the year 2012: Pricing changed by -8.31%, which is significantly below the average yearly change for dishes and flatware during the 2012-2021 time period. Compared to inflation for all items in 2012 (2.07%), inflation for dishes and flatware was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dishes and flatware:
Below are calculations of equivalent buying power for Dishes and flatware, 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|