According to the U.S. Bureau of Labor Statistics, prices for frozen fruits and vegetables were 0.29% lower in 2020 versus 2012 (a $0.06 difference in value).
Between 2012 and 2020: Frozen fruits and vegetables experienced an average inflation rate of -0.04% per year. In other words, frozen fruits and vegetables costing $20 in the year 2012 would cost $19.94 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.47% during this same period, inflation for frozen fruits and vegetables was lower.
In the year 2012: Pricing changed by 4.26%, which is significantly above the average yearly change for frozen fruits and vegetables during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for frozen fruits and vegetables was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen fruits and vegetables:
Below are calculations of equivalent buying power for Frozen fruits and vegetables, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|