According to the U.S. Bureau of Labor Statistics, prices for uncooked other beef and veal are 50.05% higher in 2024 versus 2016 (a $10.01 difference in value).
Between 2016 and 2024: Uncooked other beef and veal experienced an average inflation rate of 5.20% per year. This rate of change indicates significant inflation. In other words, uncooked other beef and veal costing $20 in the year 2016 would cost $30.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for uncooked other beef and veal was higher.
In the year 2016: Pricing changed by -3.04%, which is significantly below the average yearly change for uncooked other beef and veal during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for uncooked other beef and veal was much lower.
Below are calculations of equivalent buying power for Uncooked other beef and veal, 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 | -3.04% |
| 2017 | $20.19 | 0.96% |
| 2018 | $20.96 | 3.82% |
| 2019 | $21.48 | 2.46% |
| 2020 | $23.46 | 9.21% |
| 2021 | $26.43 | 12.66% |
| 2022 | $28.05 | 6.16% |
| 2023 | $28.15 | 0.35% |
| 2024 | $30.01 | 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 |