According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items are 66.88% lower in 2024 versus 1998 (a $13.38 difference in value).
Between 1998 and 2024: Clocks, lamps, and decorator items experienced an average inflation rate of -4.16% per year. This rate of change indicates significant deflation. In other words, clocks, lamps, and decorator items costing $20 in the year 1998 would cost $6.62 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for clocks, lamps, and decorator items was significantly lower.
In the year 1998: Pricing changed by 0.31%, which is significantly above the average yearly change for clocks, lamps, and decorator items during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for clocks, lamps, and decorator items was lower.
Below are calculations of equivalent buying power for Clocks, lamps, and decorator items, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1998 | $20.00 | 0.31% |
| 1999 | $19.44 | -2.80% |
| 2000 | $18.60 | -4.34% |
| 2001 | $17.89 | -3.79% |
| 2002 | $17.19 | -3.91% |
| 2003 | $16.01 | -6.88% |
| 2004 | $15.22 | -4.93% |
| 2005 | $14.65 | -3.73% |
| 2006 | $13.25 | -9.59% |
| 2007 | $12.25 | -7.52% |
| 2008 | $11.63 | -5.09% |
| 2009 | $11.18 | -3.81% |
| 2010 | $10.46 | -6.44% |
| 2011 | $9.90 | -5.39% |
| 2012 | $9.34 | -5.68% |
| 2013 | $8.79 | -5.91% |
| 2014 | $8.23 | -6.35% |
| 2015 | $7.84 | -4.67% |
| 2016 | $7.47 | -4.83% |
| 2017 | $6.82 | -8.59% |
| 2018 | $6.28 | -8.02% |
| 2019 | $6.17 | -1.71% |
| 2020 | $6.12 | -0.80% |
| 2021 | $6.30 | 2.87% |
| 2022 | $6.80 | 8.06% |
| 2023 | $6.77 | -0.52% |
| 2024 | $6.62 | -2.12%* |
* 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 Clocks, lamps, and decorator items:
| Year | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 75.200 | 76.692 | 80.262 | 88.731 | 94.800 | 98.192 | 100.200 | 101.592 | 103.254 | 102.277 | 102.946 | 105.431 | 109.015 | 112.769 | 116.631 | 118.500 | 119.700 | 119.385 | 119.238 | 119.985 | 119.777 | 120.154 | 116.792 | 111.723 | 107.485 | 103.285 | 96.177 | 91.438 | 88.031 | 79.585 | 73.604 | 69.854 | 67.192 | 62.862 | 59.476 | 56.099 | 52.784 | 49.431 | 47.123 | 44.848 | 40.998 | 37.709 | 37.065 | 36.769 | 37.824 | 40.871 | 40.658 | 39.796 |