According to the U.S. Bureau of Labor Statistics, prices for other beverage materials including tea were 1.92% higher in 2019 versus 2013 (a $0.38 difference in value).
Between 2013 and 2019: Other beverage materials including tea experienced an average inflation rate of 0.32% per year. In other words, other beverage materials including tea costing $20 in the year 2013 would cost $20.38 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.54% during this same period, inflation for other beverage materials including tea was lower.
In the year 2013: Pricing changed by 1.13%, which is above the average yearly change for other beverage materials including tea during the 2013-2019 time period. Compared to inflation for all items in 2013 (1.46%), 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:
Year | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CPI | 113.142 | 113.433 | 115.150 | 116.508 | 119.805 | 122.840 | 124.327 | 124.778 | 125.542 | 126.125 | 127.555 | 128.288 | 127.908 | 128.553 | 128.552 | 128.619 | 130.010 |
Below are calculations of equivalent buying power for Other beverage materials including tea, over time, for $20 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2013 | $20.00 | 1.13% |
2014 | $20.12 | 0.58% |
2015 | $20.06 | -0.30% |
2016 | $20.16 | 0.50% |
2017 | $20.16 | 0.00% |
2018 | $20.17 | 0.05% |
2019 | $20.38 | 1.08%* |