Frozen and refrigerated bakery products, pies, tarts, turnovers priced at $20 in 2000 $28.04 in 2018

Historical Price Inflation for Frozen and refrigerated bakery products, pies, tarts, turnovers

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Prices for Frozen And Refrigerated Bakery Products, Pies, Tarts, Turnovers, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen and refrigerated bakery products, pies, tarts, turnovers were 40.21% higher in 2018 versus 2000 (a $8.04 difference in value).

Between 2000 and 2018: Frozen and refrigerated bakery products, pies, tarts, turnovers experienced an average inflation rate of 1.90% per year. In other words, frozen and refrigerated bakery products, pies, tarts, turnovers costing $20 in the year 2000 would cost $28.04 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for frozen and refrigerated bakery products, pies, tarts, turnovers was lower.

In the year 2000: Pricing changed by 1.31%, which is below the average yearly change for frozen and refrigerated bakery products, pies, tarts, turnovers during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for frozen and refrigerated bakery products, pies, tarts, turnovers was lower.

Price Inflation for Frozen and refrigerated bakery products, pies, tarts, turnovers since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (11.73%), 1980 (10.98%), and 1981 (10.97%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen and refrigerated bakery products, pies, tarts, turnovers:

Year 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 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
CPI 62.400 66.146 73.908 82.023 91.023 96.385 99.162 104.477 109.754 114.423 119.123 123.677 132.838 140.254 144.862 149.100 156.108 162.538 170.169 174.854 178.031 187.169 189.185 191.662 201.754 207.762 211.415 214.369 215.754 218.623 226.312 242.639 255.770 257.497 262.881 268.320 270.765 270.537 269.375 267.841 268.380 268.721

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Frozen and refrigerated bakery products, pies, tarts, turnovers, 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 1.31%
2001 $21.05 5.27%
2002 $21.68 2.98%
2003 $22.06 1.76%
2004 $22.37 1.40%
2005 $22.51 0.65%
2006 $22.81 1.33%
2007 $23.62 3.52%
2008 $25.32 7.21%
2009 $26.69 5.41%
2010 $26.87 0.68%
2011 $27.43 2.09%
2012 $28.00 2.07%
2013 $28.25 0.91%
2014 $28.23 -0.08%
2015 $28.11 -0.43%
2016 $27.95 -0.57%
2017 $28.01 0.20%
2018 $28.04 0.13%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for frozen and refrigerated bakery products, pies, tarts, turnovers, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Frozen and refrigerated bakery products, pies, tarts, turnovers was 191.662 in the year 2000 and 268.721 in 2018:

268.721 / 191.662 * $20 = $28.04

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.04 in 2018 (in the CPI category of Frozen and refrigerated bakery products, pies, tarts, turnovers).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frozen and refrigerated bakery products, pies, tarts, turnovers in 1977. In addition to frozen and refrigerated bakery products, pies, tarts, turnovers, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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