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Chart of the Day: Price Changes

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Sep 5, 2024
line chart dated from 2000 to 2024 with increases shown in red and decreases shown in blue

Contents

Today’s Chart of the Day from Mark Perry shows the price changes for various goods and services over the last 24 years, from January 2000 to June 2024. Overall inflation was 85%, or roughly 3.5% a year. The highest price changes were hospital services and college tuition, with increases of 256% and 187% respectively. The lowest being televisions and computers, that are cheaper by 98% and 74% respectively. The question is, “Are things subsidized more expensive because they are subsidized, or as result?”
Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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