According to the U.S. Bureau of Labor Statistics, prices for other bakery products are 186.69% higher in 2024 versus 1988 (a $37.34 difference in value).
Between 1988 and 2024: Other bakery products experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, other bakery products costing $20 in the year 1988 would cost $57.34 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation for other bakery products was higher.
In the year 1988: Pricing changed by 4.40%, which is above the average yearly change for other bakery products during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation for other bakery products was higher.
Below are calculations of equivalent buying power for Other bakery products, over time, for $20 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $20.00 | 4.40% |
1989 | $21.46 | 7.29% |
1990 | $22.66 | 5.61% |
1991 | $23.61 | 4.17% |
1992 | $24.41 | 3.40% |
1993 | $25.38 | 3.97% |
1994 | $26.16 | 3.08% |
1995 | $27.07 | 3.47% |
1996 | $28.39 | 4.89% |
1997 | $28.98 | 2.08% |
1998 | $29.64 | 2.25% |
1999 | $30.02 | 1.31% |
2000 | $30.80 | 2.57% |
2001 | $32.03 | 4.00% |
2002 | $32.65 | 1.94% |
2003 | $33.34 | 2.11% |
2004 | $34.06 | 2.17% |
2005 | $34.01 | -0.15% |
2006 | $34.66 | 1.91% |
2007 | $35.46 | 2.32% |
2008 | $38.04 | 7.28% |
2009 | $39.56 | 3.98% |
2010 | $39.74 | 0.46% |
2011 | $40.70 | 2.43% |
2012 | $41.88 | 2.90% |
2013 | $42.37 | 1.17% |
2014 | $42.59 | 0.51% |
2015 | $42.85 | 0.61% |
2016 | $42.68 | -0.40% |
2017 | $42.60 | -0.19% |
2018 | $42.57 | -0.08% |
2019 | $43.40 | 1.96% |
2020 | $44.38 | 2.24% |
2021 | $45.49 | 2.50% |
2022 | $51.93 | 14.17% |
2023 | $56.43 | 8.66% |
2024 | $57.34 | 1.61%* |
* 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 Other bakery products:
Year | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 67.731 | 74.631 | 82.815 | 90.700 | 95.431 | 99.546 | 105.023 | 110.285 | 114.738 | 119.108 | 124.354 | 133.415 | 140.900 | 146.777 | 151.769 | 157.800 | 162.662 | 168.308 | 176.531 | 180.208 | 184.262 | 186.677 | 191.477 | 199.138 | 202.992 | 207.269 | 211.762 | 211.438 | 215.477 | 220.479 | 236.523 | 245.947 | 247.075 | 253.076 | 260.410 | 263.465 | 264.819 | 266.435 | 265.381 | 264.884 | 264.674 | 269.862 | 275.910 | 282.816 | 322.897 | 350.855 | 356.516 |