According to the U.S. Bureau of Labor Statistics, prices for personal computers and peripheral equipment were 10.28% lower in 2019 versus 2016 (a $2.06 difference in value).
Between 2016 and 2019: Personal computers and peripheral equipment experienced an average inflation rate of -3.55% per year. This rate of change indicates significant deflation. In other words, personal computers and peripheral equipment costing $20 in the year 2016 would cost $17.94 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.76% during this same period, inflation for personal computers and peripheral equipment was significantly lower.
In the year 2016: Pricing changed by -7.26%, which is significantly below the average yearly change for personal computers and peripheral equipment during the 2016-2019 time period. Compared to inflation for all items in 2016 (1.26%), inflation for personal computers and peripheral equipment was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Personal computers and peripheral equipment:
Below are calculations of equivalent buying power for Personal computers and peripheral equipment, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|