According to the U.S. Bureau of Labor Statistics, prices for lamb and organ meats were 43.30% higher in 2017 versus 2007 (a $8.66 difference in value).
Between 2007 and 2017: Lamb and organ meats experienced an average inflation rate of 3.66% per year. This rate of change indicates significant inflation. In other words, lamb and organ meats costing $20 in the year 2007 would cost $28.66 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.69% during this same period, inflation for lamb and organ meats was higher.
In the year 2007: Pricing changed by -1.72%, which is significantly below the average yearly change for lamb and organ meats during the 2007-2017 time period. Compared to inflation for all items in 2007 (2.85%), inflation for lamb and organ meats was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Lamb and organ meats:
Below are calculations of equivalent buying power for Lamb and organ meats, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|