According to the U.S. Bureau of Labor Statistics, prices for wine away from home were 3.62% higher in 2020 versus 2018 (a $0.72 difference in value).
Between 2018 and 2020: Wine away from home experienced an average inflation rate of 1.79% per year. In other words, wine away from home costing $20 in the year 2018 would cost $20.72 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for wine away from home was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Wine away from home:
Below are calculations of equivalent buying power for Wine away from home, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|