According to the U.S. Bureau of Labor Statistics, prices for fresh and frozen chicken parts were 4.23% higher in 2020 versus 2018 (a $0.85 difference in value).
Between 2018 and 2020: Fresh and frozen chicken parts experienced an average inflation rate of 2.09% per year. This rate of change indicates significant inflation. In other words, fresh and frozen chicken parts costing $20 in the year 2018 would cost $20.85 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.46% during this same period, inflation for fresh and frozen chicken parts was higher.
In the year 2018: Pricing changed by 1.32%, which is below the average yearly change for fresh and frozen chicken parts during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for fresh and frozen chicken parts was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh and frozen chicken parts:
Below are calculations of equivalent buying power for Fresh and frozen chicken parts, 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|