According to the U.S. Bureau of Labor Statistics, prices for fresh fish and seafood were 38.83% higher in 2020 versus 2008 (a $7.77 difference in value).
Between 2008 and 2020: Fresh fish and seafood experienced an average inflation rate of 2.77% per year. This rate of change indicates significant inflation. In other words, fresh fish and seafood costing $20 in the year 2008 would cost $27.77 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.55% during this same period, inflation for fresh fish and seafood was higher.
In the year 2008: Pricing changed by 5.85%, which is significantly above the average yearly change for fresh fish and seafood during the 2008-2020 time period. Compared to inflation for all items in 2008 (3.84%), inflation for fresh fish and seafood was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh fish and seafood:
| 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 |
| CPI | 100.000 | 102.854 | 105.554 | 110.869 | 111.331 | 107.423 | 108.792 | 112.485 | 116.254 | 124.054 | 131.343 | 139.028 | 140.486 | 144.538 | 156.815 | 157.981 | 163.165 | 175.168 | 173.640 | 175.296 | 177.572 | 182.813 | 185.778 | 193.007 |
Below are calculations of equivalent buying power for Fresh fish and seafood, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2008 | $20.00 | 5.85% |
| 2009 | $20.21 | 1.05% |
| 2010 | $20.79 | 2.88% |
| 2011 | $22.56 | 8.49% |
| 2012 | $22.73 | 0.74% |
| 2013 | $23.47 | 3.28% |
| 2014 | $25.20 | 7.36% |
| 2015 | $24.98 | -0.87% |
| 2016 | $25.22 | 0.95% |
| 2017 | $25.54 | 1.30% |
| 2018 | $26.30 | 2.95% |
| 2019 | $26.73 | 1.62% |
| 2020 | $27.77 | 3.89%* |