##
Prices for Olives, Pickles, Relishes, 2018-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for olives, pickles, relishes were
5.69% higher
in 2020 versus 2018 (a $1.14 difference in value).

**Between 2018 and 2020:** Olives, pickles, relishes experienced an average inflation rate of 2.81% per year.
This rate of change indicates significant inflation.
In other words, olives, pickles, relishes costing $20 in the year 2018 would cost $21.14 in 2020 for an equivalent purchase.
Compared to the overall inflation rate of 1.42% during this same period, inflation for olives, pickles, relishes was
higher.

####
Price Inflation for Olives, pickles, relishes since 2018

#####
Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
2020 *(3.44%)*,
and 2019 *(2.18%)*.

## Buying power of $20 since 2018

Below are calculations of equivalent buying power for Olives, pickles, relishes, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

## How to calculate the inflation rate for olives, pickles, relishes, 2018-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2018 * 2018 USD value = 2020 USD value
Then plug in historical CPI values from above. The CPI for

Olives, pickles, relishes was 138.988 in the year 2018 and 146.899 in 2020:

146.899 / 138.988 * $20 = **$21.14**
Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $21.14 in 2020 (in the CPI category of

Olives, pickles, relishes).

**Source:** U.S. Bureau of Labor Statistics began tracking the

Consumer Price Index for Olives, pickles, relishes in 2018. In addition to olives, pickles, relishes, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.