According to the U.S. Bureau of Labor Statistics, prices for juices and nonalcoholic drinks were 7.26% higher in 2020 versus 2018 (a $0.73 difference in value).
Between 2018 and 2020: Juice experienced an average inflation rate of 3.56% per year. This rate of change indicates significant inflation. In other words, juice costing $10 in the year 2018 would cost $10.73 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for juice was higher.
In the year 2018: Pricing changed by 0.59%, which is below the average yearly change for juice during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for juice was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Juices and nonalcoholic drinks:
Below are calculations of equivalent buying power for Juice, over time, for $10 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|