According to the U.S. Bureau of Labor Statistics, prices for fresh whole chicken were 3.81% higher in 2020 versus 2019 (a $0.76 difference in value).
Between 2019 and 2020: Fresh whole chicken experienced an average inflation rate of 3.81% per year. This rate of change indicates significant inflation. In other words, fresh whole chicken costing $20 in the year 2019 would cost $20.76 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 0.72% during this same period, inflation for fresh whole chicken was significantly higher.
In the year 2019: Pricing changed by -0.29%, which is significantly below the average yearly change for fresh whole chicken during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for fresh whole chicken was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh whole chicken:
Below are calculations of equivalent buying power for Fresh whole chicken, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|