Wednesday, June 16, 2010

Laura Franks Bexley CPI, Second Quarter, 2010. Reported Tuesday June 8.

This is Laura Franks reporting the Bexley Consumer Price Index for the second 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 second quarter, 2010 compared to the first quarter, 2010, Bexley prices showed a 3% decrease. One item was discounted by 41%, but this was not quite as significant as it sounds because the non-sale price on this item was actually $.40 higher than last quarter. Also effecting the calculations were two (2) food items: one (1) of which was returned to it’s pre-sale cost and the other had it’s price raised by 6% from last quarter.

Still, no matter how you look at it a 3% decrease in prices is good and makes it even nicer to live in Bexley.

And just remember, as the country song says "God is great, beer is good and people are crazy….."

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.

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