According to the U.S. Bureau of Labor Statistics, prices for lamb and organ meats are 207.48% higher in 2017 versus 1981 (a $41.50 difference in value).
Between 1981 and 2017: Lamb and organ meats experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, lamb and organ meats costing $20 in the year 1981 would cost $61.50 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.79% during this same period, inflation for lamb and organ meats was higher.
In the year 1981: Pricing changed by 1.91%, which is below the average yearly change for lamb and organ meats during the 1981-2017 time period. Compared to inflation for all items in 1981 (10.33%), inflation for lamb and organ meats was much lower.
Below are calculations of equivalent buying power for Lamb and organ meats, over time, for $20 beginning in 1981. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1981 | $20.00 | 1.91% |
1982 | $19.36 | -3.20% |
1983 | $18.91 | -2.33% |
1984 | $19.18 | 1.43% |
1985 | $19.43 | 1.28% |
1986 | $19.85 | 2.16% |
1987 | $21.22 | 6.94% |
1988 | $22.13 | 4.28% |
1989 | $22.91 | 3.51% |
1990 | $24.04 | 4.92% |
1991 | $24.73 | 2.88% |
1992 | $25.16 | 1.74% |
1993 | $26.33 | 4.65% |
1994 | $27.01 | 2.59% |
1995 | $28.11 | 4.07% |
1996 | $29.81 | 6.06% |
1997 | $30.95 | 3.80% |
1998 | $31.65 | 2.27% |
1999 | $31.02 | -2.01% |
2000 | $32.36 | 4.35% |
2001 | $33.29 | 2.87% |
2002 | $36.24 | 8.87% |
2003 | $38.09 | 5.08% |
2004 | $39.13 | 2.75% |
2005 | $40.73 | 4.07% |
2006 | $43.67 | 7.22% |
2007 | $42.91 | -1.72% |
2008 | $48.08 | 12.03% |
2009 | $48.55 | 0.97% |
2010 | $53.06 | 9.31% |
2011 | $61.23 | 15.39% |
2012 | $60.67 | -0.91% |
2013 | $58.90 | -2.93% |
2014 | $60.65 | 2.98% |
2015 | $63.20 | 4.20% |
2016 | $63.19 | -0.01% |
2017 | $61.50 | -2.69%* |
* 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 Lamb and organ meats:
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 |
CPI | 72.300 | 82.346 | 97.300 | 102.469 | 104.431 | 101.092 | 98.738 | 100.154 | 101.438 | 103.631 | 110.823 | 115.562 | 119.623 | 125.508 | 129.123 | 131.369 | 137.477 | 141.038 | 146.785 | 155.677 | 161.600 | 165.269 | 161.954 | 168.992 | 173.838 | 189.254 | 198.877 | 204.338 | 212.662 | 228.011 | 224.081 | 251.049 | 253.482 | 277.069 | 319.703 | 316.804 | 307.526 | 316.680 | 329.991 | 329.970 | 321.106 |