According to the U.S. Bureau of Labor Statistics, prices for financial services were 12.81% higher in 2018 versus 2014.
Between 2014 and 2018: Financial services experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, financial services costing $500 in the year 2014 would cost $564.06 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.25% during this same period, inflation for financial services was similar.
In the year 2014: Pricing changed by 2.28%, below the average yearly change for financial services during the 2014-2018 time period. Compared to inflation for all items in 2014 (1.62%), price inflation for financial services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Financial services: