According to the U.S. Bureau of Labor Statistics, prices for other beverage materials including tea were 6.28% higher in 2020 versus 2010 (a $1.26 difference in value).
Between 2010 and 2020: Other beverage materials including tea experienced an average inflation rate of 0.61% per year. In other words, other beverage materials including tea costing $20 in the year 2010 would cost $21.26 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.71% during this same period, inflation for other beverage materials including tea was lower.
In the year 2010: Pricing changed by 0.36%, which is below the average yearly change for other beverage materials including tea during the 2010-2020 time period. Compared to inflation for all items in 2010 (1.64%), inflation for other beverage materials including tea was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other beverage materials including tea:
Below are calculations of equivalent buying power for Other beverage materials including tea, over time, for $20 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|