According to the U.S. Bureau of Labor Statistics, prices for telephone hardware, calculators, and other consumer information items are 31.24% lower in 2024 versus 2021 (a $6.25 difference in value).
Between 2021 and 2024: Telephone hardware, calculators, and other consumer information items experienced an average inflation rate of -11.74% per year. This rate of change indicates significant deflation. In other words, telephone hardware, calculators, and other consumer information items costing $20 in the year 2021 would cost $13.75 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.96% during this same period, inflation for telephone hardware, calculators, and other consumer information items was significantly lower.
In the year 2021: Pricing changed by -15.90%, which is significantly below the average yearly change for telephone hardware, calculators, and other consumer information items during the 2021-2024 time period. Compared to inflation for all items in 2021 (4.70%), inflation for telephone hardware, calculators, and other consumer information items was much lower.
Below are calculations of equivalent buying power for Telephone hardware, calculators, and other consumer information items, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2021 | $20.00 | -15.90% |
2022 | $17.38 | -13.09% |
2023 | $15.15 | -12.84% |
2024 | $13.75 | -9.23%* |
* 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 Telephone hardware, calculators, and other consumer information items:
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 | 95.077 | 84.431 | 76.123 | 68.338 | 62.200 | 55.515 | 49.754 | 45.792 | 41.669 | 38.613 | 36.964 | 35.312 | 34.013 | 32.863 | 31.101 | 29.561 | 27.567 | 23.974 | 21.381 | 20.223 | 19.082 | 16.315 | 14.009 | 11.781 | 10.239 | 8.925 | 8.101 |