Sauces and gravies price history from 2020 through 2021

Sauces And Gravies Inflation Calculator

Prices for Sauces And Gravies, 2020-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies were 1.10% higher in 2021 versus 2020 (a $0.22 difference in value).

Between 2020 and 2021: Sauces and gravies experienced an average inflation rate of 1.10% per year. In other words, sauces and gravies costing $20 in the year 2020 would cost $20.22 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 4.13% during this same period, inflation for sauces and gravies was significantly lower.

In the year 2020: Pricing changed by 3.34%, which is above the average yearly change for sauces and gravies during the 2020-2021 time period. Compared to inflation for all items in 2020 (1.23%), inflation for sauces and gravies was higher.

Price Inflation for Sauces and gravies since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2009 (8.22%), 2008 (4.72%), and 2001 (3.34%).

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
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	146.166

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Food · Alcoholic beverages · Minneapolis-St Paul, Minnesota · Milk · More

Buying power of $20 since 2020

Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2020	$20.00	3.34%
2021	$20.22	1.10%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for sauces and gravies, 2020-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2020 * 2020 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Sauces and gravies was 144.574 in the year 2020 and 146.166 in 2021:

146.166 / 144.574 * $20 = $20.22

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2020 has the same "purchasing power" as $20.22 in 2021 (in the CPI category of Sauces and gravies).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Sauces and gravies in 1997. In addition to sauces and gravies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.