According to the U.S. Bureau of Labor Statistics, prices for infants' equipment are 5.71% higher in 2020 versus 2018 (a $1.14 difference in value).
Between 2018 and 2020: Infants' equipment experienced an average inflation rate of 2.81% per year. This rate of change indicates significant inflation. In other words, infants' equipment costing $20 in the year 2018 would cost $21.14 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for infants' equipment was higher.
In the year 2018: Pricing changed by -3.35%, which is significantly below the average yearly change for infants' equipment during the 2018-2020 time period. Compared to inflation for all items in 2018 (2.44%), inflation for infants' equipment was much lower.
Below are calculations of equivalent buying power for Infants' equipment, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2018 | $20.00 | -3.35% |
2019 | $18.84 | -5.81% |
2020 | $21.14 | 12.23%* |
* 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 Infants' equipment:
Year | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 100.000 | 96.323 | 95.878 | 97.356 | 100.353 | 95.827 | 93.751 | 90.665 | 89.013 | 87.220 | 85.473 | 81.063 | 77.597 | 75.001 | 70.644 | 79.283 |