Chart 2. Price indexes of wireless telephone services, December 2018–December 2022
Period One-stage hedonic imputation model with Törnqvist weights Two-stage hedonic imputation model with Törnqvist weights Official CPI (Wireless telephone services)

December 2018

100.000 100.000 100.000

January 2019

100.486 100.239 99.852

February 2019

100.853 100.239 99.710

March 2019

101.300 100.684 99.587

April 2019

99.903 99.611 99.770

May 2019

98.822 98.413 99.712

June 2019

99.204 98.535 99.837

July 2019

99.049 98.456 99.779

August 2019

96.774 98.441 99.643

September 2019

96.117 98.058 99.544

October 2019

96.645 98.361 99.495

November 2019

95.439 98.336 99.684

December 2019

94.241 98.336 99.738

January 2020

94.242 98.336 99.721

February 2020

94.029 98.336 99.501

March 2020

94.264 98.510 99.486

April 2020

93.078 98.700 99.583

May 2020

92.647 98.591 99.654

June 2020

93.318 99.566 99.544

July 2020

91.600 99.219 103.165

August 2020

91.640 98.860 103.954

September 2020

89.634 98.342 104.117

October 2020

92.744 98.342 104.068

November 2020

91.802 98.132 103.907

December 2020

91.323 98.132 103.808

January 2021

91.373 98.132 103.821

February 2021

91.572 98.132 103.819

March 2021

88.038 98.132 103.473

April 2021

88.029 98.132 103.389

May 2021

88.302 98.132 103.415

June 2021

88.384 98.125 103.471

July 2021

88.835 98.125 103.290

August 2021

88.195 95.443 103.103

September 2021

89.283 96.258 103.533

October 2021

90.507 97.734 103.529

November 2021

90.487 97.712 103.529

December 2021

90.011 97.711 103.449

January 2022

90.431 97.711 103.307

February 2022

90.784 97.712 103.402

March 2022

90.515 97.712 102.673

April 2022

89.299 96.179 102.706

May 2022

88.637 96.179 102.691

June 2022

88.504 96.175 102.557

July 2022

88.504 96.175 102.540

August 2022

87.084 96.176 102.491

September 2022

87.822 96.176 102.405

October 2022

87.818 96.170 102.115

November 2022

87.096 95.508 104.530

December 2022

88.372 96.850 104.762

Note: CPI = Consumer Price Index.

Source: U.S. Bureau of Labor Statistics.