According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies were 0.97% higher in 2021 versus 2020 (a $0.19 difference in value).
Between 2020 and 2021: Sauces and gravies experienced an average inflation rate of 0.97% per year. In other words, sauces and gravies costing $20 in the year 2020 would cost $20.19 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.68% during this same period, inflation for sauces and gravies was 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.
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 | 145.970 |
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 | $20.19 | 0.97%* |