According to the U.S. Bureau of Labor Statistics, prices for frozen vegetables are 9.47% higher in 2022 versus 2018 (a $1.89 difference in value).
Between 2018 and 2022: Frozen vegetables experienced an average inflation rate of 2.29% per year. This rate of change indicates significant inflation. In other words, frozen vegetables costing $20 in the year 2018 would cost $21.89 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.25% during this same period, inflation for frozen vegetables was lower.
In the year 2018: Pricing changed by -2.35%, which is significantly below the average yearly change for frozen vegetables during the 2018-2022 time period. Compared to inflation for all items in 2018 (2.44%), inflation for frozen vegetables was much lower.
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 |
---|---|---|
2018 | $20.00 | -2.35% |
2019 | $20.03 | 0.17% |
2020 | $20.79 | 3.75% |
2021 | $20.90 | 0.56% |
2022 | $21.89 | 4.74%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen vegetables:
Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 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 | 2021 | 2022 |
CPI | 66.300 | 68.646 | 72.008 | 77.600 | 87.423 | 96.438 | 100.323 | 103.223 | 106.869 | 107.692 | 110.485 | 112.954 | 122.469 | 127.377 | 129.562 | 130.915 | 133.531 | 138.854 | 140.738 | 143.715 | 148.062 | 151.208 | 153.762 | 157.700 | 166.438 | 171.054 | 172.500 | 175.762 | 177.762 | 179.138 | 180.755 | 190.638 | 197.057 | 194.151 | 199.377 | 207.290 | 204.477 | 201.747 | 202.455 | 202.787 | 203.388 | 198.614 | 198.959 | 206.422 | 207.581 | 217.414 |