According to the U.S. Bureau of Labor Statistics, prices for sugar and sweets are 34.34% higher in 2024 versus 2016 (a $6.87 difference in value).
Between 2016 and 2024: Sugar and sweets experienced an average inflation rate of 3.76% per year. This rate of change indicates significant inflation. In other words, sugar and sweets costing $20 in the year 2016 would cost $26.87 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation for sugar and sweets was higher.
In the year 2016: Pricing changed by -0.37%, which is significantly below the average yearly change for sugar and sweets during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for sugar and sweets was lower.
Below are calculations of equivalent buying power for Sugar and sweets, 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 |
|---|---|---|
| 2016 | $20.00 | -0.37% |
| 2017 | $19.98 | -0.12% |
| 2018 | $20.05 | 0.36% |
| 2019 | $20.46 | 2.04% |
| 2020 | $21.14 | 3.34% |
| 2021 | $21.77 | 2.97% |
| 2022 | $24.03 | 10.41% |
| 2023 | $26.12 | 8.66% |
| 2024 | $26.87 | 2.88%* |
* 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 Sugar and sweets:
| Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 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 | 11.246 | 11.115 | 11.300 | 10.923 | 11.246 | 10.815 | 11.885 | 14.138 | 14.192 | 14.100 | 14.100 | 16.077 | 20.108 | 19.438 | 19.708 | 20.092 | 20.838 | 21.023 | 21.254 | 21.692 | 22.169 | 21.631 | 22.285 | 23.300 | 23.785 | 23.923 | 23.438 | 23.462 | 25.454 | 26.715 | 26.238 | 25.731 | 26.523 | 27.423 | 28.938 | 30.523 | 31.646 | 32.062 | 34.023 | 51.792 | 65.315 | 57.869 | 60.831 | 68.315 | 73.638 | 90.523 | 97.685 | 97.477 | 99.315 | 103.192 | 105.785 | 109.038 | 111.000 | 114.008 | 119.400 | 124.692 | 129.285 | 133.054 | 133.354 | 135.200 | 137.523 | 143.662 | 147.777 | 150.162 | 152.285 | 153.969 | 155.738 | 158.962 | 162.015 | 163.154 | 165.162 | 171.454 | 176.772 | 186.577 | 196.933 | 201.242 | 207.832 | 214.670 | 210.992 | 209.317 | 216.118 | 215.329 | 215.068 | 215.850 | 220.246 | 227.591 | 234.359 | 258.765 | 281.176 | 289.268 |