According to the U.S. Bureau of Labor Statistics, prices for nonelectric cookware and tableware are 0.28% lower in 2021 versus 2019 (a $0.06 difference in value).
Between 2019 and 2021: Nonelectric cookware and tableware experienced an average inflation rate of -0.14% per year. In other words, nonelectric cookware and tableware costing $20 in the year 2019 would cost $19.94 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.95% during this same period, inflation for nonelectric cookware and tableware was significantly lower.
In the year 2019: Pricing changed by -3.16%, which is significantly below the average yearly change for nonelectric cookware and tableware during the 2019-2021 time period. Compared to inflation for all items in 2019 (1.81%), inflation for nonelectric cookware and tableware was much lower.
Below are calculations of equivalent buying power for Nonelectric cookware and tableware, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonelectric cookware and tableware: