According to the U.S. Bureau of Labor Statistics, prices for lamb and organ meats are 0.44% higher in 2017 versus 2011 (a $0.09 difference in value).
Between 2011 and 2017: Lamb and organ meats experienced an average inflation rate of 0.07% per year. In other words, lamb and organ meats costing $20 in the year 2011 would cost $20.09 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 1.44% during this same period, inflation for lamb and organ meats was lower.
In the year 2011: Pricing changed by 15.39%, which is significantly above the average yearly change for lamb and organ meats during the 2011-2017 time period. Compared to inflation for all items in 2011 (3.16%), inflation for lamb and organ meats was much higher.
Below are calculations of equivalent buying power for Lamb and organ meats, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2011 | $20.00 | 15.39% |
2012 | $19.82 | -0.91% |
2013 | $19.24 | -2.93% |
2014 | $19.81 | 2.98% |
2015 | $20.64 | 4.20% |
2016 | $20.64 | -0.01% |
2017 | $20.09 | -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 |