Smartphone, TV Prices Down Sharply: CPI
Smartphone and TV prices plunged in the U.S. between June 2024 and last month, according to Bureau of Labor Statistics consumer price index unadjusted data out Tuesday. Smartphone prices were down 14.1% year over year, while TV prices fell 10.1%,…
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it said. Computers, peripherals and smart home assistant prices dropped 4.7%, according to BLS. It said the cost of wireless phone service was down 0.8%, while residential phone service rose 2.5%. Cable, satellite and livestreaming TV service costs were up 2.7%. BLS said internet service was down 2.3% and the cost of video purchase/subscription/rental rose 4.6%. April prices for all items were up 3.4% year over year before seasonal adjustment.