According to the U.S. Bureau of Labor Statistics, prices for uncooked beef roasts are 6.54% higher in 2024 versus 2023 (a $1.31 difference in value).
Between 2023 and 2024: Uncooked beef roasts experienced an average inflation rate of 6.54% per year. This rate of change indicates significant inflation. In other words, uncooked beef roasts costing $20 in the year 2023 would cost $21.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.83% during this same period, inflation for uncooked beef roasts was significantly higher.
In the year 2023: Pricing changed by 3.28%, which is significantly below the average yearly change for uncooked beef roasts during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for uncooked beef roasts was lower.
Below are calculations of equivalent buying power for Uncooked beef roasts, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2023 | $20.00 | 3.28% |
2024 | $21.31 | 6.54%* |
* 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 Uncooked beef roasts:
Year | 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 | 100.000 | 99.538 | 101.100 | 108.115 | 118.692 | 117.554 | 129.315 | 142.308 | 146.500 | 145.554 | 154.365 | 160.700 | 158.000 | 163.334 | 180.798 | 190.902 | 196.722 | 223.718 | 238.607 | 224.511 | 221.426 | 226.849 | 235.252 | 264.031 | 294.007 | 309.455 | 319.614 | 340.526 |