According to the U.S. Bureau of Labor Statistics, prices for frozen noncarbonated juices and drinks are 48.39% higher in 2024 versus 2020 (a $9.68 difference in value).
Between 2020 and 2024: Frozen noncarbonated juices and drinks experienced an average inflation rate of 10.37% per year. This rate of change indicates significant inflation. In other words, frozen noncarbonated juices and drinks costing $20 in the year 2020 would cost $29.68 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.87% during this same period, inflation for frozen noncarbonated juices and drinks was significantly higher.
In the year 2020: Pricing changed by -0.50%, which is significantly below the average yearly change for frozen noncarbonated juices and drinks during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), inflation for frozen noncarbonated juices and drinks was lower.
Below are calculations of equivalent buying power for Frozen noncarbonated juices and drinks, over time, for $20 beginning in 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | -0.50% |
2021 | $20.18 | 0.89% |
2022 | $21.32 | 5.64% |
2023 | $24.72 | 15.98% |
2024 | $29.68 | 20.04%* |
* 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 Frozen noncarbonated juices and drinks:
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 | 101.554 | 106.131 | 108.892 | 111.923 | 112.500 | 115.723 | 113.292 | 112.362 | 119.723 | 138.490 | 146.732 | 150.516 | 148.652 | 160.021 | 168.851 | 170.268 | 172.667 | 176.763 | 176.965 | 180.422 | 180.785 | 179.530 | 178.641 | 180.239 | 190.401 | 220.837 | 265.086 |