In 1928, consumer prices in the United States were relatively stable, with little inflation compared to the economic fluctuations that would follow in the early 1930s. The consumer price index (CPI) for that year was approximately 17.4, reflecting the overall cost of goods and services during that time. This period was marked by economic prosperity known as the "Roaring Twenties," where prices for many items remained low as the economy expanded. However, these prices would change drastically with the onset of the Great Depression in 1929.
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