According to the U.S. Bureau of Labor Statistics, prices for other furniture are 6.59% lower in 2024 versus 2023 (a $1.32 difference in value).
Between 2023 and 2024: Other furniture experienced an average inflation rate of -6.59% per year. This rate of change indicates significant deflation. In other words, other furniture costing $20 in the year 2023 would cost $18.68 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.89% during this same period, inflation for other furniture was significantly lower.
In the year 2023: Pricing changed by -2.21%, which is significantly above the average yearly change for other furniture during the 2023-2024 time period. Compared to inflation for all items in 2023 (4.12%), inflation for other furniture was much lower.
Below are calculations of equivalent buying power for Other furniture, over time, for $20 beginning in 2023. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2023 | $20.00 | -2.21% |
| 2024 | $18.68 | -6.59%* |
* 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 Other furniture:
| Year | 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 | 103.338 | 102.385 | 101.192 | 96.254 | 94.600 | 93.423 | 91.415 | 88.992 | 89.631 | 88.973 | 88.209 | 89.355 | 81.942 | 78.188 | 79.238 | 77.042 | 74.636 | 75.094 | 70.306 | 69.396 | 68.155 | 69.307 | 70.897 | 77.012 | 85.201 | 83.315 | 77.827 |