According to the U.S. Bureau of Labor Statistics, prices for fresh fish and seafood were 10.10% higher in 2020 versus 2016 (a $2.02 difference in value).
Between 2016 and 2020: Fresh fish and seafood experienced an average inflation rate of 2.44% per year. This rate of change indicates significant inflation. In other words, fresh fish and seafood costing $20 in the year 2016 would cost $22.02 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.90% during this same period, inflation for fresh fish and seafood was higher.
In the year 2016: Pricing changed by 0.95%, which is below the average yearly change for fresh fish and seafood during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for fresh fish and seafood was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh fish and seafood:
Below are calculations of equivalent buying power for Fresh fish and seafood, 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|