According to the U.S. Bureau of Labor Statistics, prices for dried beans, peas, and lentils were 5.10% lower in 2019 versus 2018 (a $1.02 difference in value).
Between 2018 and 2019: Dried beans, peas, and lentils experienced an average inflation rate of -5.10% per year. This rate of change indicates significant deflation. In other words, dried beans, peas, and lentils costing $20 in the year 2018 would cost $18.98 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for dried beans, peas, and lentils was significantly lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dried beans, peas, and lentils:
Below are calculations of equivalent buying power for Dried beans, peas, and lentils, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|