According to the U.S. Bureau of Labor Statistics, prices for women's suits and separates are 16.65% lower in 2024 versus 2002 (a $3.33 difference in value).
Between 2002 and 2024: Women's suits and separates experienced an average inflation rate of -0.82% per year. In other words, women's suits and separates costing $20 in the year 2002 would cost $16.67 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 2002: Pricing changed by -4.62%, which is significantly below the average yearly change for women's suits and separates during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), inflation for women's suits and separates was much lower.
Below are calculations of equivalent buying power for Women's suits and separates, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2002 | $20.00 | -4.62% |
| 2003 | $19.28 | -3.59% |
| 2004 | $19.65 | 1.90% |
| 2005 | $19.11 | -2.76% |
| 2006 | $19.31 | 1.04% |
| 2007 | $19.46 | 0.79% |
| 2008 | $18.75 | -3.65% |
| 2009 | $18.57 | -0.95% |
| 2010 | $18.36 | -1.15% |
| 2011 | $18.42 | 0.33% |
| 2012 | $18.96 | 2.93% |
| 2013 | $18.98 | 0.13% |
| 2014 | $18.66 | -1.71% |
| 2015 | $17.90 | -4.08% |
| 2016 | $17.84 | -0.30% |
| 2017 | $17.53 | -1.74% |
| 2018 | $17.30 | -1.32% |
| 2019 | $16.53 | -4.47% |
| 2020 | $15.20 | -8.03% |
| 2021 | $15.24 | 0.24% |
| 2022 | $16.05 | 5.35% |
| 2023 | $16.47 | 2.62% |
| 2024 | $16.67 | 1.20%* |
* 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 | 76.179 |