According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items are 44.47% lower in 2022 versus 2007 (a $8.89 difference in value).
Between 2007 and 2022: Clocks, lamps, and decorator items experienced an average inflation rate of -3.85% per year. This rate of change indicates significant deflation. In other words, clocks, lamps, and decorator items costing $20 in the year 2007 would cost $11.11 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.32% during this same period, inflation for clocks, lamps, and decorator items was significantly lower.
In the year 2007: Pricing changed by -7.52%, which is significantly below the average yearly change for clocks, lamps, and decorator items during the 2007-2022 time period. Compared to inflation for all items in 2007 (2.85%), inflation for clocks, lamps, and decorator items was much lower.
Below are calculations of equivalent buying power for Clocks, lamps, and decorator items, over time, for $20 beginning in 2007. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
* 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: