According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 81.86% higher in 2024 versus 1998 (a $16.37 difference in value).
Between 1998 and 2024: Sauces and gravies experienced an average inflation rate of 2.33% per year. This rate of change indicates significant inflation. In other words, sauces and gravies costing $20 in the year 1998 would cost $36.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for sauces and gravies was lower.
In the year 1998: Pricing changed by 2.41%, which is above the average yearly change for sauces and gravies during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for sauces and gravies was higher.
Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 2.41% |
1999 | $20.31 | 1.55% |
2000 | $20.49 | 0.89% |
2001 | $21.18 | 3.34% |
2002 | $21.44 | 1.25% |
2003 | $21.81 | 1.74% |
2004 | $21.12 | -3.20% |
2005 | $21.21 | 0.45% |
2006 | $21.45 | 1.14% |
2007 | $21.77 | 1.49% |
2008 | $22.80 | 4.72% |
2009 | $24.67 | 8.22% |
2010 | $24.69 | 0.07% |
2011 | $25.32 | 2.53% |
2012 | $25.68 | 1.45% |
2013 | $25.73 | 0.16% |
2014 | $26.06 | 1.28% |
2015 | $26.69 | 2.44% |
2016 | $26.58 | -0.41% |
2017 | $26.77 | 0.71% |
2018 | $27.26 | 1.82% |
2019 | $27.32 | 0.24% |
2020 | $28.24 | 3.34% |
2021 | $28.64 | 1.42% |
2022 | $32.13 | 12.21% |
2023 | $35.32 | 9.91% |
2024 | $36.37 | 2.99%* |
* 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 Sauces and gravies:
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 | 102.408 | 104.000 | 104.931 | 108.431 | 109.785 | 111.700 | 108.131 | 108.615 | 109.854 | 111.491 | 116.751 | 126.345 | 126.437 | 129.635 | 131.514 | 131.724 | 133.416 | 136.665 | 136.112 | 137.072 | 139.570 | 139.908 | 144.574 | 146.628 | 164.531 | 180.834 | 186.241 |