According to the U.S. Bureau of Labor Statistics, prices for men's shirts and sweaters are 0.98% lower in 2023 versus 2017 (a $0.20 difference in value).
Between 2017 and 2023: Men's shirts and sweaters experienced an average inflation rate of -0.16% per year. In other words, men's shirts and sweaters costing $20 in the year 2017 would cost $19.80 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.62% during this same period, inflation for men's shirts and sweaters was significantly lower.
In the year 2017: Pricing changed by -1.22%, which is below the average yearly change for men's shirts and sweaters during the 2017-2023 time period. Compared to inflation for all items in 2017 (2.13%), inflation for men's shirts and sweaters was much lower.
Below are calculations of equivalent buying power for Men's shirts and sweaters, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2017 | $20.00 | -1.22% |
| 2018 | $19.90 | -0.52% |
| 2019 | $19.42 | -2.42% |
| 2020 | $17.96 | -7.47% |
| 2021 | $18.10 | 0.77% |
| 2022 | $19.37 | 6.98% |
| 2023 | $19.80 | 2.25%* |
* 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 Men's shirts and sweaters:
| Year | 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 | 2023 |
| CPI | 100.000 | 99.969 | 98.569 | 98.323 | 93.931 | 88.831 | 85.192 | 85.285 | 84.231 | 84.677 | 82.530 | 80.444 | 80.968 | 78.642 | 79.583 | 82.224 | 82.876 | 80.973 | 79.487 | 79.542 | 78.575 | 78.169 | 76.278 | 70.579 | 71.126 | 76.093 | 77.805 |