According to the U.S. Bureau of Labor Statistics, prices for nonfrozen noncarbonated juices and drinks were 6.16% higher in 2020 versus 2017 (a $1.23 difference in value).
Between 2017 and 2020: Nonfrozen noncarbonated juices and drinks experienced an average inflation rate of 2.01% per year. This rate of change indicates significant inflation. In other words, nonfrozen noncarbonated juices and drinks costing $20 in the year 2017 would cost $21.23 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.73% during this same period, inflation for nonfrozen noncarbonated juices and drinks was higher.
In the year 2017: Pricing changed by 0.18%, which is below the average yearly change for nonfrozen noncarbonated juices and drinks during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), inflation for nonfrozen noncarbonated juices and drinks was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonfrozen noncarbonated juices and drinks:
Below are calculations of equivalent buying power for Nonfrozen noncarbonated juices and drinks, 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|