Saturday, January 1, 2011

Laura Franks 4th Quarter, 2010 Bexley Consumer Price Report

December 14, 2010, Script for Bexley Consumer Price Index Fourth Quarter, 2010.

This is Laura Franks reporting the Bexley Consumer Price Index for the fourth quarter, 2010.

The Bexley CPI reports on the aggregate prices paid for a uniform basket of merchandise purchased at retail in Bexley, Ohio 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, 2010, compared to the third quarter, 2010, Bexley prices showed a 10% decrease. This decrease was the result of two factors. First: one item was marked down a very significant 50%. Second: one item that was discounted last quarter was returned to a pre-sale cost which was actually 9% lower than it had been during the previous two quarters. In other words, the store had lowered the baseline price of this item without marking it as a sale item.

Of note: the total cost of the market basket for this quarter was the lowest of quarters during 2010.

Once again with retail prices like this, I definitely 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 and photo are copyright 2010. All rights reserved. Laura Franks.

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