According to the U.S. Bureau of Labor Statistics, prices for nonelectric cookware and tableware are 5.73% lower in 2024 versus 2023 (a $1.15 difference in value).
Between 2023 and 2024: Nonelectric cookware and tableware experienced an average inflation rate of -5.73% per year. This rate of change indicates significant deflation. In other words, nonelectric cookware and tableware costing $20 in the year 2023 would cost $18.85 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for nonelectric cookware and tableware was significantly lower.
In the year 2023: Pricing changed by -2.30%, which is significantly above the average yearly change for nonelectric cookware and tableware during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), 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 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $20.00 | -2.30% |
| 2024 | $18.85 | -5.73%* |
* 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 Nonelectric cookware and tableware:
| 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 | 2024 |
| CPI | 100.000 | 99.931 | 97.938 | 98.385 | 97.023 | 94.569 | 90.554 | 90.708 | 91.331 | 91.077 | 93.148 | 95.906 | 97.137 | 96.608 | 97.887 | 97.660 | 97.174 | 93.317 | 90.407 | 88.666 | 86.319 | 83.864 | 81.213 | 78.633 | 80.988 | 85.112 | 83.157 | 78.391 |