According to the U.S. Bureau of Labor Statistics, prices for bakery products were 57.07% higher in 2019 versus 2000 (a $11.41 difference in value).
Between 2000 and 2019: Bakery products experienced an average inflation rate of 2.40% per year. This rate of change indicates significant inflation. In other words, bakery products costing $20 in the year 2000 would cost $31.41 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for bakery products was higher.
In the year 2000: Pricing changed by 2.46%, which is above the average yearly change for bakery products during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for bakery products was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Bakery products:
Year | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
CPI | 150.400 | 155.683 | 161.867 | 167.333 | 176.067 | 181.142 | 185.417 | 189.450 | 194.108 | 201.317 | 206.125 | 211.667 | 216.258 | 220.525 | 226.350 | 236.638 | 261.016 | 268.902 | 267.955 | 277.950 | 286.583 | 291.489 | 292.532 | 296.603 | 296.866 | 296.830 | 299.298 | 304.879 |
Below are calculations of equivalent buying power for Bakery products, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2000 | $20.00 | 2.46% |
2001 | $20.74 | 3.71% |
2002 | $21.24 | 2.39% |
2003 | $21.81 | 2.69% |
2004 | $22.28 | 2.17% |
2005 | $22.72 | 1.97% |
2006 | $23.32 | 2.64% |
2007 | $24.38 | 4.55% |
2008 | $26.89 | 10.30% |
2009 | $27.71 | 3.02% |
2010 | $27.61 | -0.35% |
2011 | $28.64 | 3.73% |
2012 | $29.53 | 3.11% |
2013 | $30.03 | 1.71% |
2014 | $30.14 | 0.36% |
2015 | $30.56 | 1.39% |
2016 | $30.59 | 0.09% |
2017 | $30.58 | -0.01% |
2018 | $30.84 | 0.83% |
2019 | $31.41 | 1.86%* |