According to the U.S. Bureau of Labor Statistics, prices for processed fruits and vegetables were 6.79% higher in 2021 versus 2018 (a $1.36 difference in value).
Between 2018 and 2021: Processed fruits and vegetables experienced an average inflation rate of 2.21% per year. This rate of change indicates significant inflation. In other words, processed fruits and vegetables costing $20 in the year 2018 would cost $21.36 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.97% during this same period, inflation for processed fruits and vegetables was higher.
In the year 2018: Pricing changed by -0.60%, which is below the average yearly change for processed fruits and vegetables during the 2018-2021 time period. Compared to inflation for all items in 2018 (2.44%), inflation for processed fruits and vegetables was much lower.
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 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|