According to the U.S. Bureau of Labor Statistics, prices for women's suits and separates are 23.82% lower in 2024 versus 1997 (a $4.76 difference in value).
Between 1997 and 2024: Women's suits and separates experienced an average inflation rate of -1% per year. In other words, women's suits and separates costing $20 in the year 1997 would cost $15.24 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for women's suits and separates was significantly lower.
Below are calculations of equivalent buying power for Women's suits and separates, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1997 | $20.00 | - |
| 1998 | $20.19 | 0.96% |
| 1999 | $19.84 | -1.73% |
| 2000 | $19.64 | -1.04% |
| 2001 | $19.16 | -2.41% |
| 2002 | $18.28 | -4.62% |
| 2003 | $17.62 | -3.59% |
| 2004 | $17.96 | 1.90% |
| 2005 | $17.46 | -2.76% |
| 2006 | $17.64 | 1.04% |
| 2007 | $17.78 | 0.79% |
| 2008 | $17.14 | -3.65% |
| 2009 | $16.97 | -0.95% |
| 2010 | $16.78 | -1.15% |
| 2011 | $16.83 | 0.33% |
| 2012 | $17.33 | 2.93% |
| 2013 | $17.35 | 0.13% |
| 2014 | $17.05 | -1.71% |
| 2015 | $16.36 | -4.08% |
| 2016 | $16.31 | -0.30% |
| 2017 | $16.02 | -1.74% |
| 2018 | $15.81 | -1.32% |
| 2019 | $15.11 | -4.47% |
| 2020 | $13.89 | -8.03% |
| 2021 | $13.93 | 0.24% |
| 2022 | $14.67 | 5.35% |
| 2023 | $15.06 | 2.62% |
| 2024 | $15.24 | 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 |