According to the U.S. Bureau of Labor Statistics, prices for other video equipment were 52.29% lower in 2018 versus 2008 (a $10.46 difference in value).
Between 2008 and 2018: Other video equipment experienced an average inflation rate of -7.13% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 2008 would cost $9.54 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation for other video equipment was significantly lower.
In the year 2008: Pricing changed by -13.30%, which is significantly below the average yearly change for other video equipment during the 2008-2018 time period. Compared to inflation for all items in 2008 (3.84%), inflation for other video equipment was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other video equipment:
Below are calculations of equivalent buying power for Other video equipment, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|