According to the U.S. Bureau of Labor Statistics, prices for distilled spirits, excluding whiskey, at home were 4.42% higher in 2021 versus 2019 (a $0.88 difference in value).
Between 2019 and 2021: Distilled spirits, excluding whiskey, at home experienced an average inflation rate of 2.19% per year. This rate of change indicates significant inflation. In other words, distilled spirits, excluding whiskey, at home costing $20 in the year 2019 would cost $20.88 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.39% during this same period, inflation for distilled spirits, excluding whiskey, at home was lower.
In the year 2019: Pricing changed by 1.16%, which is below the average yearly change for distilled spirits, excluding whiskey, at home during the 2019-2021 time period. Compared to inflation for all items in 2019 (1.81%), inflation for distilled spirits, excluding whiskey, at home was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Distilled spirits, excluding whiskey, at home:
Below are calculations of equivalent buying power for Distilled spirits, excluding whiskey, at home, 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|