This is Laura Franks reporting the Bexley Consumer Price Index for the third 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 third quarter, 2010 compared to the second quarter, 2010, Bexley prices showed a 6% increase. Although there was a significant 31% markdown on one (1) item (a back-to-school item) the overall increase was the result of two (2) items having their prices raised, and a third item that was discounted 41% last quarter was returned to its pre-sale cost.
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 first quarter of this year.
Even though we have an 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.
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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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