Prom inflation

The price of proms, based on 10 items commonly purchased for the celebration such as dresses and haircuts, has climbed at a much slower pace than overall consumer prices. Even over the past couple of years when inflation was surging, prom prices didn't rise nearly as much.

Line shows cumulative price increase since 1998. Yearly data is through March of each year.
Chart: The Conversation, CC-BY-ND Source: FRED, Jay Zagorsky Get the data