Other processed fruits and vegetables including dried price inflation, 2023→2024

Other Processed Fruits And Vegetables Including Dried Inflation Calculator

Prices for Other Processed Fruits And Vegetables Including Dried, 2023-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other processed fruits and vegetables including dried are 2.46% higher in 2024 versus 2023 (a $0.49 difference in value).

Between 2023 and 2024: Other processed fruits and vegetables including dried experienced an average inflation rate of 2.46% per year. This rate of change indicates significant inflation. In other words, other processed fruits and vegetables including dried costing $20 in the year 2023 would cost $20.49 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for other processed fruits and vegetables including dried was lower.

In the year 2023: Pricing changed by 6.62%, which is significantly above the average yearly change for other processed fruits and vegetables including dried during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for other processed fruits and vegetables including dried was higher.

Price Inflation for Other processed fruits and vegetables including dried since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2008 (9.54%), 2022 (9.30%), and 2023 (6.62%).

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Buying power of $20.00 since 2023

Below are calculations of equivalent buying power for Other processed fruits and vegetables including dried, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2023	$20.00	6.62%
2024	$20.49	2.46%*

* 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 processed fruits and vegetables including dried:

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	100.485	101.685	101.985	103.200	108.400	109.708	111.715	118.485	121.123	128.603	140.870	149.281	149.136	153.361	160.993	160.520	160.378	163.269	161.200	157.596	155.673	153.194	159.117	161.322	176.318	187.987	192.605

Adjust other processed fruits and vegetables including dried prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2023 * 2023 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Other processed fruits and vegetables including dried was 187.987 in the year 2023 and 192.605 in 2024:

192.605 / 187.987 * $20 = $20.49

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2023 has the same "purchasing power" as $20.49 in 2024 (in the CPI category of Other processed fruits and vegetables including dried).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other processed fruits and vegetables including dried in 1997. In addition to other processed fruits and vegetables including dried, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.