According to the U.S. Bureau of Labor Statistics, prices for other fats and oils including peanut butter are 121.20% higher in 2024 versus 1999 (a $24.24 difference in value).
Between 1999 and 2024: Other fats and oils including peanut butter experienced an average inflation rate of 3.23% per year. This rate of change indicates significant inflation. In other words, other fats and oils including peanut butter costing $20 in the year 1999 would cost $44.24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for other fats and oils including peanut butter was higher.
In the year 1999: Pricing changed by 0.77%, which is below the average yearly change for other fats and oils including peanut butter during the 1999-2024 time period. Compared to inflation for all items in 1999 (2.19%), inflation for other fats and oils including peanut butter was lower.
Below are calculations of equivalent buying power for Other fats and oils including peanut butter, over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1999 | $20.00 | 0.77% |
| 2000 | $20.11 | 0.57% |
| 2001 | $20.22 | 0.52% |
| 2002 | $20.43 | 1.06% |
| 2003 | $21.14 | 3.44% |
| 2004 | $22.17 | 4.88% |
| 2005 | $22.58 | 1.87% |
| 2006 | $22.90 | 1.41% |
| 2007 | $23.80 | 3.91% |
| 2008 | $28.13 | 18.21% |
| 2009 | $28.52 | 1.38% |
| 2010 | $27.72 | -2.80% |
| 2011 | $29.79 | 7.50% |
| 2012 | $33.52 | 12.52% |
| 2013 | $32.84 | -2.05% |
| 2014 | $31.94 | -2.71% |
| 2015 | $31.08 | -2.69% |
| 2016 | $30.62 | -1.50% |
| 2017 | $30.85 | 0.75% |
| 2018 | $30.97 | 0.42% |
| 2019 | $30.42 | -1.78% |
| 2020 | $30.77 | 1.14% |
| 2021 | $32.89 | 6.90% |
| 2022 | $38.54 | 17.16% |
| 2023 | $42.37 | 9.95% |
| 2024 | $44.24 | 4.41%* |
* 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 fats and oils including peanut butter:
| 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 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 101.923 | 102.708 | 103.292 | 103.831 | 104.931 | 108.538 | 113.838 | 115.969 | 117.600 | 122.199 | 144.452 | 146.439 | 142.333 | 153.008 | 172.157 | 168.624 | 164.049 | 159.628 | 157.227 | 158.406 | 159.064 | 156.234 | 158.011 | 168.917 | 197.907 | 217.593 | 227.191 |