According to the U.S. Bureau of Labor Statistics, prices for video and audio products are 17.63% lower in 2024 versus 2019 (a $3.53 difference in value).
Between 2019 and 2024: Video and audio products experienced an average inflation rate of -3.80% per year. This rate of change indicates significant deflation. In other words, video and audio products costing $20 in the year 2019 would cost $16.47 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.16% during this same period, inflation for video and audio products was significantly lower.
In the year 2019: Pricing changed by -9.47%, which is significantly below the average yearly change for video and audio products during the 2019-2024 time period. Compared to inflation for all items in 2019 (1.81%), inflation for video and audio products was much lower.
Below are calculations of equivalent buying power for Video and audio products, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2019 | $20.00 | -9.47% |
2020 | $18.74 | -6.28% |
2021 | $18.90 | 0.83% |
2022 | $17.89 | -5.33% |
2023 | $16.98 | -5.11% |
2024 | $16.47 | -2.97%* |
* 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 Video and audio products:
Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 94.375 | 86.135 | 78.086 | 72.383 | 67.119 | 61.302 | 54.365 | 49.534 | 43.467 | 39.350 | 36.880 | 37.186 | 35.205 | 33.404 | 32.413 |