According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items are 8.31% higher in 2024 versus 2020 (a $1.66 difference in value).
Between 2020 and 2024: Clocks, lamps, and decorator items experienced an average inflation rate of 2.01% per year. This rate of change indicates significant inflation. In other words, clocks, lamps, and decorator items costing $20 in the year 2020 would cost $21.66 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.87% during this same period, inflation for clocks, lamps, and decorator items was lower.
In the year 2020: Pricing changed by -0.80%, which is below the average yearly change for clocks, lamps, and decorator items during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), 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 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2020 | $20.00 | -0.80% |
2021 | $20.57 | 2.87% |
2022 | $22.23 | 8.06% |
2023 | $22.12 | -0.52% |
2024 | $21.66 | -2.05%* |
* 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 | 39.823 |