According to the U.S. Bureau of Labor Statistics, prices for distilled spirits at home were 1.49% higher in 2020 versus 2016 (a $0.30 difference in value).
Between 2016 and 2020: Distilled spirits at home experienced an average inflation rate of 0.37% per year. In other words, distilled spirits at home costing $20 in the year 2016 would cost $20.30 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for distilled spirits at home was lower.
In the year 2016: Pricing changed by 0.36%, which is below the average yearly change for distilled spirits at home during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for distilled spirits at home was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Distilled spirits at home:
Year | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 82.023 | 85.115 | 89.831 | 94.862 | 98.192 | 100.377 | 101.438 | 105.269 | 113.323 | 114.469 | 116.092 | 119.885 | 125.662 | 139.200 | 141.538 | 143.231 | 144.262 | 145.700 | 147.538 | 150.777 | 152.708 | 156.177 | 162.277 | 167.969 | 171.392 | 173.115 | 175.285 | 177.400 | 179.654 | 180.984 | 185.032 | 189.207 | 188.781 | 188.970 | 188.919 | 191.033 | 192.392 | 192.607 | 193.291 | 192.505 | 191.962 | 194.772 | 196.176 |
Below are calculations of equivalent buying power for Distilled spirits at home, 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 |
---|---|---|
2016 | $20.00 | 0.36% |
2017 | $19.92 | -0.41% |
2018 | $19.86 | -0.28% |
2019 | $20.15 | 1.46% |
2020 | $20.30 | 0.72%* |