According to the U.S. Bureau of Labor Statistics, prices for nonprescription drugs were 0.39% lower in 2019 versus 2018 (a $0.04 difference in value).
Between 2018 and 2019: Nonprescription drugs experienced an average inflation rate of -0.39% per year. In other words, nonprescription drugs costing $10 in the year 2018 would cost $9.96 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for nonprescription drugs was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonprescription drugs:
Year | 2018 | 2019 |
CPI | 96.923 | 96.547 |
Below are calculations of equivalent buying power for Nonprescription drugs, over time, for $10 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2018 | $10.00 | - |
2019 | $9.96 | -0.39%* |