According to the U.S. Bureau of Labor Statistics, prices for shelf stable fish and seafood are 16.16% higher in 2022 versus 2016 (a $3.23 difference in value).
Between 2016 and 2022: Shelf stable fish and seafood experienced an average inflation rate of 2.53% per year. This rate of change indicates significant inflation. In other words, shelf stable fish and seafood costing $20 in the year 2016 would cost $23.23 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.93% during this same period, inflation for shelf stable fish and seafood was lower.
In the year 2016: Pricing changed by -0.39%, which is below the average yearly change for shelf stable fish and seafood during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), inflation for shelf stable fish and seafood was lower.
Below are calculations of equivalent buying power for Shelf stable fish and seafood, 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|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Shelf stable fish and seafood: