Price Inflation

[Danoff]

Hey folks, I know a lot of you are not in the US, and it's partly why I'm interesting in getting an understanding of what prices are doing in your area. I've been noticing a lot of prices going up, and I'm curious whether others are seeing the same thing. I've seen chicken prices rise, canned goods, restaurant food, and clothing. Mostly I'm seeing something like a 30-50% rise over the last year or so. What have you seen?

Also, I'm looking at hard drive prices, and they seem to be up 50-100% over the last year as well. I think a lot of computer parts have risen.

[FPV MIC]

Hey folks, I know a lot of you are not in the US, and it's partly why I'm interesting in getting an understanding of what prices are doing in your area. I've been noticing a lot of prices going up, and I'm curious whether others are seeing the same thing. I've seen chicken prices rise, canned goods, restaurant food, and clothing. Mostly I'm seeing something like a 30-50% rise over the last year or so. What have you seen?

Also, I'm looking at hard drive prices, and they seem to be up 50-100% over the last year as well. I think a lot of computer parts have risen.

Everything is going up for us Down Under as well, but from what you've mentioned , it doesn't seem to be quite as bad.

I'll use your hard drive prices as an example of our increase. I purchased an Western Digital WD Elements 8TB USB 3.0 Desktop External Hard Drive in October 2019 for $288 AUD delivered (probably way more than you guys would've paid), but that was with a voucher so the normal price would've been $320.


For that same hard drive now I found it for $403 shipped.
https://www.zotim.com.au/wd-elements-de ... 80hbk-aesn

So around an $100 increase over six years isn't too bad I suppose... but meat and fresh fruit & veg has been a killer.

We actually drive about 50km every month or so to a small country town to get our meat now. It's far better quality and the prices are much fairer... and it's a pleasant drive (except for our nanny state speed limits).

Edit: I'll just add that supermarkets here, and I presume everywhere, used Covid as a reason to price gouge. That has barely slowed down since then. Every tiny excuse they can find causes a rise that never drops back to the previous level after the (mostly manufactured) ''crisis'' ends.

[Danoff]

Everything is going up for us Down Under as well, but from what you've mentioned , it doesn't seem to be quite as bad.

I'll use your hard drive prices as an example of our increase. I purchased an Western Digital WD Elements 8TB USB 3.0 Desktop External Hard Drive in October 2019 for $288 AUD delivered (probably way more than you guys would've paid), but that was with a voucher so the normal price would've been $320.


For that same hard drive now I found it for $403 shipped.
https://www.zotim.com.au/wd-elements-de ... 80hbk-aesn

So around an $100 increase over six years isn't too bad I suppose... but meat and fresh fruit & veg has been a killer.

We actually drive about 50km every month or so to a small country town to get our meat now. It's far better quality and the prices are much fairer... and it's a pleasant drive (except for our nanny state speed limits).

Edit: I'll just add that supermarkets here, and I presume everywhere, used Covid as a reason to price gouge. That has barely slowed down since then. Every tiny excuse they can find causes a rise that never drops back to the previous level after the (mostly manufactured) ''crisis'' ends.

Thanks, it's good?? to know that prices are going up everywhere, not just here. I have lots of reasons to think that they'll go up here faster than everywhere else.

HDDs costing more than they did 6 years ago is insane. Electronics usually drops like a rock in terms of price. Who would ever have thought that a hard drive would be a lucrative investment asset over a 6 year period?

The only thing that hasn't risen here is gasoline, which costs about what it did 20 years ago (in non-inflation-adjusted dollars, meaning it has gone down in price). Pretty much the opposite of what you might hope -> electronics getting cheaper, CO2 emissions getting more expensive.

I remember when I started driving around 1997, a gallon of gas was costing me in my location about 95 cents per gallon. It went up to over $2 quickly over the next 5 years or so. But if you adjust even that 95 cent price for inflation, it's $2 today.

[GBO Possum]

<SNIP> Electronics usually drops like a rock in terms of price. <SNIP>

Back when I started working in the computer industry, a megabyte of disk storage cost ~ $5,700

Inflation adjusted, an 8TB disk drive today should cost ~ $476,520,000,000 assuming no price increase or decrease