According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items were 28.41% lower in 2021 versus 2013 (a $5.68 difference in value).
Between 2013 and 2021: Clocks, lamps, and decorator items experienced an average inflation rate of -4.09% per year. This rate of change indicates significant deflation. In other words, clocks, lamps, and decorator items costing $20 in the year 2013 would cost $14.32 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.63% during this same period, inflation for clocks, lamps, and decorator items was significantly lower.
In the year 2013: Pricing changed by -5.91%, which is below the average yearly change for clocks, lamps, and decorator items during the 2013-2021 time period. Compared to inflation for all items in 2013 (1.46%), inflation for clocks, lamps, and decorator items was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Clocks, lamps, and decorator items:
Below are calculations of equivalent buying power for Clocks, lamps, and decorator items, over time, for $20 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|