According to the U.S. Bureau of Labor Statistics, prices for frozen fruits and vegetables are 82.33% higher in 2024 versus 1998 (a $16.47 difference in value).
Between 1998 and 2024: Frozen fruits and vegetables experienced an average inflation rate of 2.34% per year. This rate of change indicates significant inflation. In other words, frozen fruits and vegetables costing $20 in the year 1998 would cost $36.47 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for frozen fruits and vegetables was lower.
In the year 1998: Pricing changed by 2.61%, which is above the average yearly change for frozen fruits and vegetables during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for frozen fruits and vegetables was higher.
Below are calculations of equivalent buying power for Frozen fruits and vegetables, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 2.61% |
1999 | $20.46 | 2.29% |
2000 | $20.96 | 2.44% |
2001 | $22.00 | 5.00% |
2002 | $22.71 | 3.22% |
2003 | $22.92 | 0.92% |
2004 | $23.36 | 1.92% |
2005 | $23.61 | 1.05% |
2006 | $24.32 | 3.03% |
2007 | $25.10 | 3.18% |
2008 | $26.57 | 5.89% |
2009 | $27.56 | 3.69% |
2010 | $26.97 | -2.12% |
2011 | $28.03 | 3.93% |
2012 | $29.23 | 4.26% |
2013 | $28.96 | -0.91% |
2014 | $28.61 | -1.20% |
2015 | $28.82 | 0.72% |
2016 | $28.95 | 0.48% |
2017 | $28.97 | 0.07% |
2018 | $28.37 | -2.07% |
2019 | $28.06 | -1.11% |
2020 | $29.25 | 4.24% |
2021 | $29.94 | 2.35% |
2022 | $33.12 | 10.64% |
2023 | $36.59 | 10.48% |
2024 | $36.47 | -0.34%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen fruits and vegetables:
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 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 102.608 | 104.954 | 107.515 | 112.892 | 116.523 | 117.600 | 119.862 | 121.115 | 124.785 | 128.753 | 136.335 | 141.370 | 138.378 | 143.812 | 149.939 | 148.576 | 146.787 | 147.839 | 148.549 | 148.651 | 145.574 | 143.954 | 150.061 | 153.587 | 169.926 | 187.730 | 187.084 |