According to the U.S. Bureau of Labor Statistics, prices for postage and delivery services are 4.60% higher in 2024 versus 2023 (a $0.92 difference in value).
Between 2023 and 2024: Postage and delivery services experienced an average inflation rate of 4.60% per year. This rate of change indicates significant inflation. In other words, postage and delivery services costing $20 in the year 2023 would cost $20.92 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for postage and delivery services was higher.
In the year 2023: Pricing changed by 4.80%, which is above the average yearly change for postage and delivery services during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for postage and delivery services was higher.
Below are calculations of equivalent buying power for Postage and delivery services, 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 | 4.80% |
2024 | $20.92 | 4.60%* |
* 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 Postage and delivery services:
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 | 100.085 | 103.085 | 103.192 | 107.315 | 113.669 | 119.369 | 119.823 | 120.169 | 126.592 | 130.103 | 135.492 | 141.154 | 145.909 | 152.161 | 157.702 | 167.261 | 174.154 | 174.602 | 175.610 | 180.295 | 184.936 | 194.763 | 202.691 | 211.158 | 220.021 | 230.577 | 241.193 |