Monday, February 8, 2010

Laura Franks reports 11% price increase for Bexley CPI First Quarter, 2010.

February 3, 2010. This is Laura Franks reporting the Bexley Consumer Price Index for the first quarter, 2010.

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 first quarter, 2010 compared to the fourth quarter, 2009, Bexley prices showed an 11% increase. Of the three(3) items that were discounted last quarter, two(2) were returned to their pre-sale cost and the other item, although still on a markdown had actually had its sale price raised 26%.

Of note: this is the highest total cost we’ve seen since the inception of the Bexley CPI in October 2007. The highest total previously was in the third quarter 2009.

Even though we have a significant increase in prices this quarter I still conclude that 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 2010. All rights reserved. Bexley Public Radio Foundation. Text is copyright 2010. All rights reserved. Laura Franks.

No comments: