According to the U.S. Bureau of Labor Statistics, prices for sauces and gravies are 86.14% higher in 2024 versus 1997 (a $17.23 difference in value).
Between 1997 and 2024: Sauces and gravies experienced an average inflation rate of 2.33% per year. This rate of change indicates significant inflation. In other words, sauces and gravies costing $20 in the year 1997 would cost $37.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for sauces and gravies was lower.
Below are calculations of equivalent buying power for Sauces and gravies, 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 | $20.48 | 2.41% |
1999 | $20.80 | 1.55% |
2000 | $20.99 | 0.89% |
2001 | $21.69 | 3.34% |
2002 | $21.96 | 1.25% |
2003 | $22.34 | 1.74% |
2004 | $21.63 | -3.20% |
2005 | $21.72 | 0.45% |
2006 | $21.97 | 1.14% |
2007 | $22.30 | 1.49% |
2008 | $23.35 | 4.72% |
2009 | $25.27 | 8.22% |
2010 | $25.29 | 0.07% |
2011 | $25.93 | 2.53% |
2012 | $26.30 | 1.45% |
2013 | $26.34 | 0.16% |
2014 | $26.68 | 1.28% |
2015 | $27.33 | 2.44% |
2016 | $27.22 | -0.41% |
2017 | $27.41 | 0.71% |
2018 | $27.91 | 1.82% |
2019 | $27.98 | 0.24% |
2020 | $28.91 | 3.34% |
2021 | $29.33 | 1.42% |
2022 | $32.91 | 12.21% |
2023 | $36.17 | 9.91% |
2024 | $37.23 | 2.93%* |
* 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 Sauces and gravies:
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 | 102.408 | 104.000 | 104.931 | 108.431 | 109.785 | 111.700 | 108.131 | 108.615 | 109.854 | 111.491 | 116.751 | 126.345 | 126.437 | 129.635 | 131.514 | 131.724 | 133.416 | 136.665 | 136.112 | 137.072 | 139.570 | 139.908 | 144.574 | 146.628 | 164.531 | 180.834 | 186.139 |