According to the U.S. Bureau of Labor Statistics, prices for dishes and flatware were 11.65% lower in 2020 versus 2016 (a $2.33 difference in value).
Between 2016 and 2020: Dishes and flatware experienced an average inflation rate of -3.05% per year. This rate of change indicates significant deflation. In other words, dishes and flatware costing $20 in the year 2016 would cost $17.67 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for dishes and flatware was significantly lower.
In the year 2016: Pricing changed by -3.32%, which is below the average yearly change for dishes and flatware during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|