According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies were 6.94% higher in 2021 versus 2016 (a $1.39 difference in value).
Between 2016 and 2021: Sauces and gravies experienced an average inflation rate of 1.35% per year. In other words, sauces and gravies costing $20 in the year 2016 would cost $21.39 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.23% during this same period, inflation for sauces and gravies was lower.
In the year 2016: Pricing changed by -0.41%, which is below the average yearly change for sauces and gravies during the 2016-2021 time period. Compared to inflation for all items in 2016 (1.26%), inflation for sauces and gravies was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Sauces and gravies:
Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|