According to the U.S. Bureau of Labor Statistics, prices for other video equipment were 6.46% lower in 2019 versus 2016 (a $1.29 difference in value).
Between 2016 and 2019: Other video equipment experienced an average inflation rate of -2.20% per year. This rate of change indicates significant deflation. In other words, other video equipment costing $20 in the year 2016 would cost $18.71 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.13% during this same period, inflation for other video equipment was significantly lower.
In the year 2016: Pricing changed by -3.52%, which is below the average yearly change for other video equipment during the 2016-2019 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|