According to the U.S. Bureau of Labor Statistics, prices for women's suits and separates are 24.87% lower in 2024 versus 1998 (a $4.97 difference in value).
Between 1998 and 2024: Women's suits and separates experienced an average inflation rate of -1.09% per year. In other words, women's suits and separates costing $20 in the year 1998 would cost $15.03 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for women's suits and separates was significantly lower.
In the year 1998: Pricing changed by 0.96%, which is above the average yearly change for women's suits and separates during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for women's suits and separates was lower.
Below are calculations of equivalent buying power for Women's suits and separates, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | 0.96% |
1999 | $19.65 | -1.73% |
2000 | $19.45 | -1.04% |
2001 | $18.98 | -2.41% |
2002 | $18.10 | -4.62% |
2003 | $17.46 | -3.59% |
2004 | $17.79 | 1.90% |
2005 | $17.30 | -2.76% |
2006 | $17.48 | 1.04% |
2007 | $17.61 | 0.79% |
2008 | $16.97 | -3.65% |
2009 | $16.81 | -0.95% |
2010 | $16.62 | -1.15% |
2011 | $16.67 | 0.33% |
2012 | $17.16 | 2.93% |
2013 | $17.18 | 0.13% |
2014 | $16.89 | -1.71% |
2015 | $16.20 | -4.08% |
2016 | $16.15 | -0.30% |
2017 | $15.87 | -1.74% |
2018 | $15.66 | -1.32% |
2019 | $14.96 | -4.47% |
2020 | $13.76 | -8.03% |
2021 | $13.79 | 0.24% |
2022 | $14.53 | 5.35% |
2023 | $14.91 | 2.62% |
2024 | $15.03 | 0.77%* |
* 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 Women's suits and separates:
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 | 100.962 | 99.215 | 98.185 | 95.815 | 91.392 | 88.115 | 89.792 | 87.315 | 88.223 | 88.921 | 85.679 | 84.864 | 83.892 | 84.170 | 86.633 | 86.746 | 85.263 | 81.785 | 81.537 | 80.117 | 79.056 | 75.526 | 69.463 | 69.633 | 73.359 | 75.277 | 75.856 |