According to the U.S. Bureau of Labor Statistics, prices for flour and prepared flour mixes are 11.87% higher in 2024 versus 2022 (a $2.37 difference in value).
Between 2022 and 2024: Flour and prepared flour mixes experienced an average inflation rate of 5.77% per year. This rate of change indicates significant inflation. In other words, flour and prepared flour mixes costing $20 in the year 2022 would cost $22.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.38% during this same period, inflation for flour and prepared flour mixes was higher.
In the year 2022: Pricing changed by 18.94%, which is significantly above the average yearly change for flour and prepared flour mixes during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for flour and prepared flour mixes was much higher.
Below are calculations of equivalent buying power for Flour and prepared flour mixes, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2022 | $20.00 | 18.94% |
2023 | $22.10 | 10.50% |
2024 | $22.37 | 1.24%* |
* 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 Flour and prepared flour mixes:
Year | 1977 | 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 | 2021 | 2022 | 2023 | 2024 |
CPI | 70.300 | 75.846 | 83.585 | 91.692 | 97.308 | 98.785 | 99.315 | 101.938 | 105.369 | 106.638 | 107.546 | 110.654 | 120.177 | 125.154 | 125.654 | 132.569 | 132.438 | 134.785 | 140.800 | 151.600 | 156.269 | 159.062 | 160.931 | 160.162 | 164.269 | 170.954 | 178.423 | 177.823 | 179.577 | 182.177 | 191.583 | 225.830 | 231.790 | 223.801 | 240.064 | 252.895 | 252.721 | 249.798 | 246.003 | 240.906 | 236.439 | 237.527 | 235.478 | 238.326 | 243.899 | 290.088 | 320.548 | 324.517 |