According to the U.S. Bureau of Labor Statistics, prices for frozen vegetables were 2.82% higher in 2020 versus 2018 (a $0.56 difference in value).
Between 2018 and 2020: Frozen vegetables experienced an average inflation rate of 1.40% per year. In other words, frozen vegetables costing $20 in the year 2018 would cost $20.56 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.27% during this same period, inflation for frozen vegetables was higher.
In the year 2018: Pricing changed by -2.35%, which is significantly below the average yearly change for frozen vegetables during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for frozen vegetables was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen vegetables:
Below are calculations of equivalent buying power for Frozen vegetables, 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|