According to the U.S. Bureau of Labor Statistics, prices for sugar and sweets were 5.21% higher in 2020 versus 2016 (a $1.04 difference in value).
Between 2016 and 2020: Sugar and sweets experienced an average inflation rate of 1.28% per year. In other words, sugar and sweets costing $20 in the year 2016 would cost $21.04 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.83% during this same period, inflation for sugar and sweets was lower.
In the year 2016: Pricing changed by -0.37%, which is below the average yearly change for sugar and sweets during the 2016-2020 time period. Compared to inflation for all items in 2016 (1.26%), inflation for sugar and sweets was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Sugar and sweets:
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|