According to the U.S. Bureau of Labor Statistics, prices for jewelry and watches are 55.59% higher in 2024 versus 2003 (a $55.59 difference in value).
Between 2003 and 2024: Jewelry and watches experienced an average inflation rate of 2.13% per year. This rate of change indicates significant inflation. In other words, jewelry and watches costing $100 in the year 2003 would cost $155.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for jewelry and watches was lower.
In the year 2003: Pricing changed by -3.41%, which is significantly below the average yearly change for jewelry and watches during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for jewelry and watches was much lower.
Below are calculations of equivalent buying power for Jewelry and watches, over time, for $100 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2003 | $100.00 | -3.41% |
2004 | $100.59 | 0.59% |
2005 | $99.13 | -1.45% |
2006 | $101.54 | 2.43% |
2007 | $106.53 | 4.91% |
2008 | $113.85 | 6.88% |
2009 | $115.92 | 1.82% |
2010 | $118.40 | 2.14% |
2011 | $128.36 | 8.41% |
2012 | $130.04 | 1.31% |
2013 | $130.70 | 0.51% |
2014 | $127.09 | -2.76% |
2015 | $124.34 | -2.16% |
2016 | $131.36 | 5.65% |
2017 | $135.33 | 3.02% |
2018 | $134.20 | -0.84% |
2019 | $133.24 | -0.72% |
2020 | $132.43 | -0.60% |
2021 | $142.37 | 7.50% |
2022 | $146.08 | 2.61% |
2023 | $153.56 | 5.12% |
2024 | $155.59 | 1.32%* |
* 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 Jewelry and watches:
Year | 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 | 100.000 | 106.223 | 114.262 | 121.000 | 130.977 | 137.508 | 142.908 | 146.492 | 151.031 | 152.577 | 149.638 | 145.369 | 142.369 | 140.654 | 136.977 | 136.900 | 133.238 | 128.692 | 129.454 | 127.577 | 130.677 | 137.092 | 146.522 | 149.181 | 152.367 | 165.185 | 167.348 | 168.198 | 163.550 | 160.013 | 169.056 | 174.157 | 172.700 | 171.463 | 170.431 | 183.213 | 187.996 | 197.621 | 200.226 |