According to the U.S. Bureau of Labor Statistics, prices for distilled spirits away from home are 29.93% higher in 2024 versus 2016 (a $5.99 difference in value).
Between 2016 and 2024: Distilled spirits away from home experienced an average inflation rate of 3.33% per year. This rate of change indicates significant inflation. In other words, distilled spirits away from home costing $20 in the year 2016 would cost $25.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for distilled spirits away from home was lower.
In the year 2016: Pricing changed by 3.09%, which is below the average yearly change for distilled spirits away from home during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for distilled spirits away from home was higher.
Below are calculations of equivalent buying power for Distilled spirits away from 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 | 3.09% |
| 2017 | $20.35 | 1.74% |
| 2018 | $20.79 | 2.19% |
| 2019 | $20.93 | 0.67% |
| 2020 | $21.83 | 4.30% |
| 2021 | $22.66 | 3.76% |
| 2022 | $23.77 | 4.91% |
| 2023 | $25.38 | 6.79% |
| 2024 | $25.99 | 2.38%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Distilled spirits away from home:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 101.277 | 103.877 | 107.569 | 112.462 | 115.877 | 120.008 | 124.808 | 129.031 | 134.285 | 140.844 | 147.671 | 150.414 | 152.862 | 157.430 | 163.496 | 168.048 | 171.147 | 176.945 | 182.417 | 185.586 | 189.652 | 190.926 | 199.139 | 206.636 | 216.790 | 231.502 | 237.017 |