According to the U.S. Bureau of Labor Statistics, prices for other fats and oils including peanut butter were 60.50% higher in 2021 versus 1997 (a $12.10 difference in value).
Between 1997 and 2021: Other fats and oils including peanut butter experienced an average inflation rate of 1.99% per year. In other words, other fats and oils including peanut butter costing $20 in the year 1997 would cost $32.10 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.06% during this same period, inflation for other fats and oils including peanut butter was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other fats and oils including peanut butter:
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 |
CPI | 100.000 | 101.923 | 102.708 | 103.292 | 103.831 | 104.931 | 108.538 | 113.838 | 115.969 | 117.600 | 122.199 | 144.452 | 146.439 | 142.333 | 153.008 | 172.157 | 168.624 | 164.049 | 159.628 | 157.227 | 158.406 | 159.064 | 156.234 | 158.011 | 160.497 |
Below are calculations of equivalent buying power for Other fats and oils including peanut butter, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1997 | $20.00 | - |
1998 | $20.38 | 1.92% |
1999 | $20.54 | 0.77% |
2000 | $20.66 | 0.57% |
2001 | $20.77 | 0.52% |
2002 | $20.99 | 1.06% |
2003 | $21.71 | 3.44% |
2004 | $22.77 | 4.88% |
2005 | $23.19 | 1.87% |
2006 | $23.52 | 1.41% |
2007 | $24.44 | 3.91% |
2008 | $28.89 | 18.21% |
2009 | $29.29 | 1.38% |
2010 | $28.47 | -2.80% |
2011 | $30.60 | 7.50% |
2012 | $34.43 | 12.52% |
2013 | $33.72 | -2.05% |
2014 | $32.81 | -2.71% |
2015 | $31.93 | -2.69% |
2016 | $31.45 | -1.50% |
2017 | $31.68 | 0.75% |
2018 | $31.81 | 0.42% |
2019 | $31.25 | -1.78% |
2020 | $31.60 | 1.14% |
2021 | $32.10 | 1.57%* |