According to the U.S. Bureau of Labor Statistics, prices for other video equipment were 22.08% lower in 2020 versus 2012 (a $4.42 difference in value).
Between 2012 and 2020: Other video equipment experienced an average inflation rate of -3.07% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 2012 would cost $15.58 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.45% during this same period, inflation for other video equipment was significantly lower.
In the year 2012: Pricing changed by -11.85%, which is significantly below the average yearly change for other video equipment during the 2012-2020 time period. Compared to inflation for all items in 2012 (2.07%), inflation for other video equipment was much lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other video equipment:
Below are calculations of equivalent buying power for Other video equipment, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|