According to the U.S. Bureau of Labor Statistics, prices for other beverage materials including tea are 5.83% higher in 2021 versus 2013 (a $1.17 difference in value).
Between 2013 and 2021: Other beverage materials including tea experienced an average inflation rate of 0.71% per year. In other words, other beverage materials including tea costing $20 in the year 2013 would cost $21.17 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.91% 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 2013-2021 time period. Compared to inflation for all items in 2013 (1.46%), inflation for other beverage materials including tea was lower.
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 | $20.40 | 1.17% |
| 2020 | $20.79 | 1.92% |
| 2021 | $21.17 | 1.78%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other beverage materials including tea:
| Year | 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 |
| CPI | 100.000 | 101.969 | 104.162 | 107.438 | 110.708 | 112.331 | 113.131 | 113.415 | 115.162 | 116.508 | 119.800 | 122.839 | 124.322 | 124.770 | 125.547 | 126.125 | 127.555 | 128.288 | 127.908 | 128.553 | 128.552 | 128.619 | 130.118 | 132.622 | 134.985 |