According to the U.S. Bureau of Labor Statistics, prices for rice were 0.88% higher in 2019 versus 2018 (a $0.18 difference in value).
Between 2018 and 2019: Rice experienced an average inflation rate of 0.88% per year. In other words, rice costing $20 in the year 2018 would cost $20.18 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for rice was lower.
In the year 2018: Pricing changed by 1.05%, which is above the average yearly change for rice during the 2018-2019 time period. Compared to inflation for all items in 2018 (2.44%), inflation for rice was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Rice:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CPI | 100.000 | 99.354 | 100.892 | 99.285 | 98.200 | 98.254 | 100.777 | 108.000 | 108.762 | 114.892 | 120.066 | 152.842 | 160.992 | 156.909 | 163.927 | 167.327 | 170.212 | 170.678 | 167.202 | 163.080 | 160.028 | 161.708 | 163.129 |
Below are calculations of equivalent buying power for Rice, 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 |
---|---|---|
2018 | $20.00 | 1.05% |
2019 | $20.18 | 0.88%* |