According to the U.S. Bureau of Labor Statistics, prices for automobile service clubs are 3.69% lower in 2020 versus 2014 (a $0.74 difference in value).
Between 2014 and 2020: Automobile service clubs experienced an average inflation rate of -0.62% per year. In other words, automobile service clubs costing $20 in the year 2014 would cost $19.26 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.50% during this same period, inflation for automobile service clubs was lower.
In the year 2014: Pricing changed by -0.45%, which is above the average yearly change for automobile service clubs during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation for automobile service clubs was lower.
Below are calculations of equivalent buying power for Automobile service clubs, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2014 | $20.00 | -0.45% |
2015 | $20.13 | 0.65% |
2016 | $19.74 | -1.91% |
2017 | $18.89 | -4.33% |
2018 | $19.14 | 1.34% |
2019 | $19.24 | 0.52% |
2020 | $19.26 | 0.09%* |
* 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 Automobile service clubs:
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 |
CPI | 100.000 | 100.785 | 102.592 | 104.231 | 107.723 | 110.462 | 111.408 | 113.769 | 114.254 | 116.369 | 119.076 | 119.620 | 120.319 | 120.414 | 122.144 | 124.616 | 125.796 | 125.235 | 126.046 | 123.635 | 118.280 | 119.871 | 120.499 | 120.612 |