According to the U.S. Bureau of Labor Statistics, prices for financial services were 18.49% higher in 2018 versus 2012.
Between 2012 and 2018: Financial services experienced an average inflation rate of 2.87% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 2012 would cost $592.47 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.35% during this same period, inflation for financial services was similar.
In the year 2012: Pricing changed by 5.48%, above the average yearly change for financial services during the 2012-2018 time period. Compared to inflation for all items in 2012 (2.07%), price inflation for financial services was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: