According to the U.S. Bureau of Labor Statistics, prices for other beverage materials including tea are 10.07% higher in 2022 versus 2015 (a $2.01 difference in value).
Between 2015 and 2022: Other beverage materials including tea experienced an average inflation rate of 1.38% per year. In other words, other beverage materials including tea costing $20 in the year 2015 would cost $22.01 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.84% during this same period, inflation for other beverage materials including tea was lower.
In the year 2015: Pricing changed by -0.30%, which is below the average yearly change for other beverage materials including tea during the 2015-2022 time period. Compared to inflation for all items in 2015 (0.12%), 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 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other beverage materials including tea: