According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 17.08% higher in 2022 versus 2014 (a $3.42 difference in value).
Between 2014 and 2022: Sauces and gravies experienced an average inflation rate of 1.99% per year. In other words, sauces and gravies costing $20 in the year 2014 would cost $23.42 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.36% during this same period, inflation for sauces and gravies was lower.
In the year 2014: Pricing changed by 1.28%, which is below the average yearly change for sauces and gravies during the 2014-2022 time period. Compared to inflation for all items in 2014 (1.62%), inflation for sauces and gravies was lower.
Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Sauces and gravies: