Frozen and refrigerated bakery products, pies, tarts, turnovers priced at $20 in 2018 $20.24 in 2020

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

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Prices for Frozen And Refrigerated Bakery Products, Pies, Tarts, Turnovers, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and refrigerated bakery products, pies, tarts, turnovers were 1.19% higher in 2020 versus 2018 (a $0.24 difference in value).

Between 2018 and 2020: Frozen and refrigerated bakery products, pies, tarts, turnovers experienced an average inflation rate of 0.59% per year. In other words, frozen and refrigerated bakery products, pies, tarts, turnovers costing $20 in the year 2018 would cost $20.24 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.42% during this same period, inflation for frozen and refrigerated bakery products, pies, tarts, turnovers was lower.

In the year 2018: Pricing changed by 0.03%, which is below the average yearly change for frozen and refrigerated bakery products, pies, tarts, turnovers during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), 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 170.167 174.842 178.033 187.167 189.200 191.733 201.833 207.750 211.383 214.367 215.725 218.633 226.330 242.703 255.797 257.502 262.890 268.305 270.744 270.522 269.371 267.839 268.374 268.460 269.254 271.647

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Buying power of $20 since 2018

Below are calculations of equivalent buying power for Frozen and refrigerated bakery products, pies, tarts, turnovers, 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
2018 $20.00 0.03%
2019 $20.06 0.30%
2020 $20.24 0.89%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for frozen and refrigerated bakery products, pies, tarts, turnovers, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 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 268.460 in the year 2018 and 271.647 in 2020:

271.647 / 268.460 * $20 = $20.24

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $20.24 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.

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