According to the U.S. Bureau of Labor Statistics, prices for women's suits and separates are 6.57% lower in 2024 versus 2016 (a $1.31 difference in value).
Between 2016 and 2024: Women's suits and separates experienced an average inflation rate of -0.85% per year. In other words, women's suits and separates costing $20 in the year 2016 would cost $18.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.39% during this same period, inflation for women's suits and separates was significantly lower.
In the year 2016: Pricing changed by -0.30%, which is above the average yearly change for women's suits and separates during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), 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 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | -0.30% |
| 2017 | $19.65 | -1.74% |
| 2018 | $19.39 | -1.32% |
| 2019 | $18.53 | -4.47% |
| 2020 | $17.04 | -8.03% |
| 2021 | $17.08 | 0.24% |
| 2022 | $17.99 | 5.35% |
| 2023 | $18.46 | 2.62% |
| 2024 | $18.69 | 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 |