According to the U.S. Bureau of Labor Statistics, prices for spices, seasonings, condiments, sauces are 22.97% higher in 2024 versus 2021 (a $4.59 difference in value).
Between 2021 and 2024: Spices, seasonings, condiments, sauces experienced an average inflation rate of 7.14% per year. This rate of change indicates significant inflation. In other words, spices, seasonings, condiments, sauces costing $20 in the year 2021 would cost $24.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.96% during this same period, inflation for spices, seasonings, condiments, sauces was higher.
In the year 2021: Pricing changed by 2.04%, which is significantly below the average yearly change for spices, seasonings, condiments, sauces during the 2021-2024 time period. Compared to inflation for all items in 2021 (4.70%), inflation for spices, seasonings, condiments, sauces was lower.
Below are calculations of equivalent buying power for Spices, seasonings, condiments, sauces, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2021 | $20.00 | 2.04% |
2022 | $22.17 | 10.87% |
2023 | $23.92 | 7.86% |
2024 | $24.59 | 2.83%* |
* 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 Spices, seasonings, condiments, sauces:
Year | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 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 | 67.385 | 73.285 | 82.262 | 90.408 | 96.962 | 100.408 | 102.646 | 105.923 | 108.823 | 112.877 | 116.138 | 123.038 | 129.738 | 137.015 | 142.992 | 147.262 | 151.100 | 155.538 | 162.515 | 167.785 | 172.662 | 175.762 | 175.608 | 181.354 | 184.562 | 185.531 | 185.262 | 187.969 | 190.331 | 195.492 | 204.631 | 214.731 | 214.412 | 219.932 | 225.929 | 226.352 | 229.676 | 235.575 | 237.721 | 239.568 | 241.669 | 242.889 | 249.360 | 254.455 | 282.112 | 304.290 | 312.904 |