According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 2.99% higher in 2024 versus 2023 (a $0.60 difference in value).
Between 2023 and 2024: Sauces and gravies experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, sauces and gravies costing $20 in the year 2023 would cost $20.60 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for sauces and gravies was higher.
In the year 2023: Pricing changed by 9.91%, which is significantly above the average yearly change for sauces and gravies during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for sauces and gravies was much higher.
Below are calculations of equivalent buying power for Sauces and gravies, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $20.00 | 9.91% |
| 2024 | $20.60 | 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 |