Thursday, December 10, 2009

Laura Franks reports price decline for fourth quarter, 2009 CPI

This is Laura Franks reporting the Bexley Consumer Price Index for the fourth Quarter, 2009.

The Bexley CPI reports on the aggregate prices paid for a uniform basket of merchandise purchased at retail in Bexley and nearby retail stores.

The Bexley CPI measures the change of prices for typical retail purchases made by Bexley residents.

The Bexley Consumer Price Index can be compared to the price changes reported by the Bureau of Statistics, U.S. Department of Labor. The comparison can provide useful information for Bexley consumers about local price changes compared to price changes in other parts of the United States.

As of the fourth quarter, 2009 compared to the third quarter, 2009, Bexley prices showed a 7% decrease. Of significance this quarter is that half of the items in the market basket have increased in price, but due to a few of the items being marked down the overall total is actually the second lowest of the year. Therefore, what I have to say is “sales are good and it is always nice to live in Bexley.”

This is Laura Franks for the WCRX-LP, 102.1 FM Bexley Consumer Price Index Report.

Bexley Public Radio Foundation broadcasting as
WCRX-LP, 102.1 FM, Local Power Radio
2700 E. Main St., Suite 208
Columbus, OH 43209
Voice (614) 235 2929
Fax (614) 235 3008

Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income taxes for individuals who itemize. Checks may identify the payee as Bexley Public Radio Foundation or WCRX-LP, 102.1 FM.

Design is copyright 2009. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2009. All rights reserved. Laura Franks.

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