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:
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|