Laura Franks Bexley CPI, 1st Quarter 2014

Laura Franks reports the Bexley Consumer Price Index as of First Quarter, 2014.

Bexley retail prices were steady during the first quarter, 2014.  Prices for the entire market-basket showed a five cent change compared to prices for the first quarter 2013.  Looking back five years the market-basket total prices have generally increased.  The market-basket in 2010 cost a total of $18.86.  Compared to the total price in the first quarter of this year, was $20.44.  For the total five year period, the rate of price increases is 8 %.  The most active price changes during the five year period are paper products and packaged candy.

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 ordinary retail purchases made by Bexley residents.

The Bexley Consumer Price Index can be compared to the price changes reported by the US 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.

HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.

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) 302-3846

Email wcrxlp@yahoo.com

Blog http://agentofcurrency.blogspot.com

Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income tax returns 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 2013, 2012, 2011 and 2010. All rights reserved. Laura Franks.

Laura Franks Bexley Consumer Price Index quarterly report.

Laura Franks reports the Bexley Consumer Price Index as of First Quarter, 2013.

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 ordinary retail purchases made by Bexley residents.

The Bexley Consumer Price Index can be compared to the price changes reported by the US 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.

Comparing current prices to prices for the first quarter, 2012, Bexley prices showed a year-to-year increase of 7.74 percent.for the aggregate cost of the uniform market basket.  The quarter-to-quarter aggregate cost also showed an increase at the rate of 8.51 percent.

Price changes appeared in the amount of sales tax paid, the price of home-office supplies and the price of one personal hygiene product.  The increase in actual sales tax paid is a consequence of the increase in retail prices paid.

HELP BEXLEY PUBLIC RADIO UPGRADE ITS ANTENNA. SEND YOUR MONEY PROMPTLY. BE GENEROUS.

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
Email wcrxlp@yahoo.com
Blog http://agentofcurrency.blogspot.com

Bexley Public Radio Foundation is exempt from federal taxes under IRC Section 501(c)(3). Donations are deductible from federal income tax returns 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 2013, 2012, 2011 and 2010. All rights reserved. Laura Franks.

More thoughts on deflation of Bexley retail prices.

Last Tuesday, Laura Franks reported the Bexley Consumer Price Index for the Third Quarter, 2008. The report announced a seven percent (7%) quarter-to-quarter reduction in retail prices.

This deflationary result was attributable to steep discounting in stationery and back-to-school supplies.

Because major media have been reporting inflationary signs, listeners and also radio staff were surprised by the deflation reported by the Bexley CPI.

But facts are facts. The Bexley CPI reported what the retail prices are. And those prices demonstrate a decline in local retail prices. If WCRX-LP, 102.1 FM is out of step with other media, we accept that and report the facts as we find them.

By coincidence other media are starting to see some deflationary signs. One columnist in the Financial Times, sees more than signs of deflation.

In his Wednesday August 13, 2008 column, John Authers Financial Times columnist begins “The deflationists have it. All year long, the debate has raged over whether the world faces a greater risk from resurgent inflation or from deflation to match Japan in the 1990s. The sudden fall in commodity prices has, for now, convinced the market that we need not worry about inflation.”


Authers column is “The Short View” and he concludes yesterday’s column by observing “In the longer term, deflation is bad news for almost everyone. It implies a global slowdown rather than the vision of emerging markets growing, and pulling up prices in their wake…But the US consumer staples prosper in this scenario. They produce lots of cash in dollars and are not too vulnerable to a recession.”

Pay attention to Laura Franks and her Bexley CPI. She reports the facts as she finds them and it helps us understand what is going on in the local economy.