According to the U.S. Bureau of Labor Statistics, prices for salad dressing are 11.57% higher in 2024 versus 2022 (a $2.31 difference in value).
Between 2022 and 2024: Salad dressing experienced an average inflation rate of 5.63% per year. This rate of change indicates significant inflation. In other words, salad dressing costing $20 in the year 2022 would cost $22.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.50% during this same period, inflation for salad dressing was higher.
In the year 2022: Pricing changed by 14.46%, which is significantly above the average yearly change for salad dressing during the 2022-2024 time period. Compared to inflation for all items in 2022 (8%), inflation for salad dressing was much higher.
Below are calculations of equivalent buying power for Salad dressing, over time, for $20 beginning in 2022. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2022 | $20.00 | 14.46% |
2023 | $22.10 | 10.51% |
2024 | $22.31 | 0.96%* |
* 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 Salad dressing:
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 | 100.992 | 103.423 | 104.223 | 106.654 | 107.838 | 109.077 | 109.562 | 107.285 | 109.038 | 110.804 | 119.104 | 125.284 | 125.850 | 134.258 | 137.543 | 134.956 | 131.525 | 130.925 | 129.707 | 129.008 | 128.260 | 128.558 | 131.618 | 137.225 | 157.062 | 173.572 | 175.240 |