According to the U.S. Bureau of Labor Statistics, prices for shelf stable fish and seafood were 37.77% higher in 2020 versus 2008 (a $7.55 difference in value).
Between 2008 and 2020: Shelf stable fish and seafood experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, shelf stable fish and seafood costing $20 in the year 2008 would cost $27.55 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.50% during this same period, inflation for shelf stable fish and seafood was higher.
In the year 2008: Pricing changed by 7.50%, which is significantly above the average yearly change for shelf stable fish and seafood during the 2008-2020 time period. Compared to inflation for all items in 2008 (3.84%), inflation for shelf stable fish and seafood was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Shelf stable fish and seafood:
Below are calculations of equivalent buying power for Shelf stable fish and seafood, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|