According to the U.S. Bureau of Labor Statistics, prices for processed fruits and vegetables were 5.28% higher in 2021 versus 2012 (a $1.06 difference in value).
Between 2012 and 2021: Processed fruits and vegetables experienced an average inflation rate of 0.57% per year. In other words, processed fruits and vegetables costing $20 in the year 2012 would cost $21.06 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.66% during this same period, inflation for processed fruits and vegetables was lower.
In the year 2012: Pricing changed by 3.82%, which is significantly above the average yearly change for processed fruits and vegetables during the 2012-2021 time period. Compared to inflation for all items in 2012 (2.07%), inflation for processed fruits and vegetables was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Processed fruits and vegetables:
Below are calculations of equivalent buying power for Processed fruits and vegetables, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|