According to the U.S. Bureau of Labor Statistics, prices for uncooked other beef and veal are 247.93% higher in 2024 versus 1998 (a $49.59 difference in value).
Between 1998 and 2024: Uncooked other beef and veal experienced an average inflation rate of 4.91% per year. This rate of change indicates significant inflation. In other words, uncooked other beef and veal costing $20 in the year 1998 would cost $69.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for uncooked other beef and veal was higher.
In the year 1998: Pricing changed by -0.86%, which is significantly below the average yearly change for uncooked other beef and veal during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for uncooked other beef and veal was lower.
Below are calculations of equivalent buying power for Uncooked other beef and veal, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | -0.86% |
1999 | $20.10 | 0.49% |
2000 | $21.51 | 7.01% |
2001 | $22.77 | 5.87% |
2002 | $22.74 | -0.15% |
2003 | $24.94 | 9.69% |
2004 | $26.41 | 5.89% |
2005 | $26.62 | 0.79% |
2006 | $27.82 | 4.51% |
2007 | $28.85 | 3.70% |
2008 | $30.44 | 5.53% |
2009 | $30.50 | 0.19% |
2010 | $32.32 | 5.94% |
2011 | $35.65 | 10.31% |
2012 | $37.31 | 4.67% |
2013 | $38.48 | 3.13% |
2014 | $43.95 | 14.23% |
2015 | $47.83 | 8.83% |
2016 | $46.38 | -3.04% |
2017 | $46.82 | 0.96% |
2018 | $48.61 | 3.82% |
2019 | $49.80 | 2.46% |
2020 | $54.39 | 9.21% |
2021 | $61.28 | 12.66% |
2022 | $65.05 | 6.16% |
2023 | $65.28 | 0.35% |
2024 | $69.59 | 6.60%* |
* 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 other beef and veal:
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 | 99.138 | 99.623 | 106.608 | 112.869 | 112.700 | 123.615 | 130.900 | 131.938 | 137.892 | 142.998 | 150.909 | 151.201 | 160.184 | 176.702 | 184.948 | 190.727 | 217.866 | 237.096 | 229.885 | 232.083 | 240.956 | 246.878 | 269.625 | 303.762 | 322.464 | 323.577 | 344.936 |