According to the U.S. Bureau of Labor Statistics, prices for canned vegetables were 35.16% higher in 2023 versus 2012 (a $7.03 difference in value).
Between 2012 and 2023: Canned vegetables experienced an average inflation rate of 2.78% per year. This rate of change indicates significant inflation. In other words, canned vegetables costing $20 in the year 2012 would cost $27.03 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.61% during this same period, inflation for canned vegetables was higher.
In the year 2012: Pricing changed by 3.19%, which is above the average yearly change for canned vegetables during the 2012-2023 time period. Compared to inflation for all items in 2012 (2.07%), inflation for canned vegetables was higher.
Below are calculations of equivalent buying power for Canned vegetables, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2012 | $20.00 | 3.19% |
2013 | $20.06 | 0.30% |
2014 | $20.45 | 1.94% |
2015 | $20.33 | -0.57% |
2016 | $20.17 | -0.82% |
2017 | $19.58 | -2.92% |
2018 | $19.85 | 1.41% |
2019 | $20.60 | 3.78% |
2020 | $21.30 | 3.37% |
2021 | $22.29 | 4.65% |
2022 | $25.35 | 13.74% |
2023 | $27.03 | 6.64% |
2024 | $27.65 | 2.30%* |
* 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 Canned vegetables:
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 | 103.754 | 105.923 | 106.777 | 110.831 | 115.777 | 115.792 | 116.969 | 122.115 | 125.869 | 129.530 | 147.013 | 162.448 | 160.223 | 162.958 | 168.149 | 168.652 | 171.924 | 170.942 | 169.540 | 164.587 | 166.912 | 173.224 | 179.056 | 187.382 | 213.128 | 227.269 | 232.505 |