Frozen and refrigerated bakery products, pies, tarts, turnovers price history from 1995 through 2020

Frozen And Refrigerated Bakery Products, Pies, Tarts, Turnovers Inflation Calculator

Prices for Frozen And Refrigerated Bakery Products, Pies, Tarts, Turnovers, 1995-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and refrigerated bakery products, pies, tarts, turnovers were 59.36% higher in 2020 versus 1995 (a $11.87 difference in value).

Between 1995 and 2020: Frozen and refrigerated bakery products, pies, tarts, turnovers experienced an average inflation rate of 1.88% per year. In other words, frozen and refrigerated bakery products, pies, tarts, turnovers costing $20 in the year 1995 would cost $31.87 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.13% during this same period, inflation for frozen and refrigerated bakery products, pies, tarts, turnovers was lower.

Price Inflation for Frozen and refrigerated bakery products, pies, tarts, turnovers since 1995

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2008 (7.23%), 2009 (5.40%), and 2001 (5.27%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen and refrigerated bakery products, pies, tarts, turnovers:

Year	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
CPI	170.167	174.842	178.033	187.167	189.200	191.733	201.833	207.750	211.383	214.367	215.725	218.633	226.330	242.703	255.797	257.502	262.890	268.305	270.744	270.522	269.371	267.839	268.374	268.460	269.254	271.171

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Buying power of $20 since 1995

Below are calculations of equivalent buying power for Frozen and refrigerated bakery products, pies, tarts, turnovers, over time, for $20 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1995	$20.00	-
1996	$20.55	2.75%
1997	$20.92	1.83%
1998	$22.00	5.13%
1999	$22.24	1.09%
2000	$22.53	1.34%
2001	$23.72	5.27%
2002	$24.42	2.93%
2003	$24.84	1.75%
2004	$25.19	1.41%
2005	$25.35	0.63%
2006	$25.70	1.35%
2007	$26.60	3.52%
2008	$28.53	7.23%
2009	$30.06	5.40%
2010	$30.26	0.67%
2011	$30.90	2.09%
2012	$31.53	2.06%
2013	$31.82	0.91%
2014	$31.79	-0.08%
2015	$31.66	-0.43%
2016	$31.48	-0.57%
2017	$31.54	0.20%
2018	$31.55	0.03%
2019	$31.65	0.30%
2020	$31.87	0.71%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for frozen and refrigerated bakery products, pies, tarts, turnovers, 1995-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1995 * 1995 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Frozen and refrigerated bakery products, pies, tarts, turnovers was 170.167 in the year 1995 and 271.171 in 2020:

271.171 / 170.167 * $20 = $31.87

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1995 has the same "purchasing power" as $31.87 in 2020 (in the CPI category of Frozen and refrigerated bakery products, pies, tarts, turnovers).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frozen and refrigerated bakery products, pies, tarts, turnovers in 1995. In addition to frozen and refrigerated bakery products, pies, tarts, turnovers, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.