According to the U.S. Bureau of Labor Statistics, prices for personal care products were 0.23% lower in 2020 versus 2019 (a $0.05 difference in value).
Between 2019 and 2020: Personal care products experienced an average inflation rate of -0.23% per year. In other words, personal care products costing $20 in the year 2019 would cost $19.95 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.03% during this same period, inflation for personal care products was lower.
In the year 2019: Pricing changed by -0.46%, which is below the average yearly change for personal care products during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for personal care products was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Personal care products:
Below are calculations of equivalent buying power for Personal care products, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|