Clocks, lamps, and decorator items priced at $20 in 2000 $6.77 in 2018

Historical Price Inflation for Clocks, lamps, and decorator items

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Prices for Clocks, Lamps, And Decorator Items, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for clocks, lamps, and decorator items were 66.16% lower in 2018 versus 2000 (a $13.23 difference in value).

Between 2000 and 2018: Clocks, lamps, and decorator items experienced an average inflation rate of -5.84% per year. This rate of change indicates significant deflation. In other words, clocks, lamps, and decorator items costing $20 in the year 2000 would cost $6.77 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for clocks, lamps, and decorator items was significantly lower.

In the year 2000: Pricing changed by -4.34%, which is above the average yearly change for clocks, lamps, and decorator items during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for clocks, lamps, and decorator items was much lower.

Price Inflation for Clocks, lamps, and decorator items since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.55%), 2006 (-9.59%), and 2017 (-8.59%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Clocks, lamps, and decorator items:

Year 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 75.200 76.692 80.262 88.731 94.800 98.192 100.200 101.592 103.254 102.277 102.946 105.431 109.015 112.769 116.631 118.500 119.700 119.385 119.238 119.985 119.777 120.154 116.792 111.723 107.485 103.285 96.177 91.438 88.031 79.585 73.604 69.854 67.192 62.862 59.476 56.099 52.784 49.431 47.123 44.848 40.998 37.806

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Clocks, lamps, and decorator items, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 -4.34%
2001 $19.24 -3.79%
2002 $18.49 -3.91%
2003 $17.22 -6.88%
2004 $16.37 -4.93%
2005 $15.76 -3.73%
2006 $14.25 -9.59%
2007 $13.18 -7.52%
2008 $12.50 -5.09%
2009 $12.03 -3.81%
2010 $11.25 -6.44%
2011 $10.65 -5.39%
2012 $10.04 -5.68%
2013 $9.45 -5.91%
2014 $8.85 -6.35%
2015 $8.44 -4.67%
2016 $8.03 -4.83%
2017 $7.34 -8.59%
2018 $6.77 -7.79%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for clocks, lamps, and decorator items, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Clocks, lamps, and decorator items was 111.723 in the year 2000 and 37.806 in 2018:

37.806 / 111.723 * $20 = $6.77

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $6.77 in 2018 (in the CPI category of Clocks, lamps, and decorator items).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Clocks, lamps, and decorator items in 1977. In addition to clocks, lamps, and decorator items, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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