According to the U.S. Bureau of Labor Statistics, prices for other goods are 20.30% higher in 2023 versus 2017 (a $4.06 difference in value).
Between 2017 and 2023: Other goods experienced an average inflation rate of 3.13% per year. This rate of change indicates significant inflation. In other words, other goods costing $20 in the year 2017 would cost $24.06 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.50% during this same period, inflation for other goods was lower.
In the year 2017: Pricing changed by 1.98%, which is below the average yearly change for other goods during the 2017-2023 time period. Compared to inflation for all items in 2017 (2.13%), inflation for other goods was lower.
Below are calculations of equivalent buying power for Other goods, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2017 | $20.00 | 1.98% |
2018 | $20.23 | 1.15% |
2019 | $20.58 | 1.72% |
2020 | $21.02 | 2.13% |
2021 | $21.66 | 3.03% |
2022 | $23.04 | 6.38% |
2023 | $24.06 | 4.44%* |
* 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 goods:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
CPI | 100.000 | 100.943 | 102.336 | 103.822 | 104.910 | 106.746 | 107.740 | 108.915 | 111.068 | 112.349 | 114.287 | 116.720 | 120.262 | 127.938 | 133.618 |