You are viewing a single comment's thread from:

RE: The Good Old Days When Prices Were Cheap

in Hive PHlast month

5 pesos isang stick? Mahal naman.
For real, I was buying it at 3 the other day, probably because it's a different part of town but I didn't think twice about the price and just bought it as is. Maybe I'm the one out of touch since I haven't bought anything in sachets and prefer whole packs.

Tataas pa rin pero konti lang. :)

It's a concept people don't readily grasp when it comes to watching today's prices. Given the current inflation rate ng pinas, everything will likely be twice in value in 2 decades or less if our country get's it down bad. And the target rate of 2% inflation gives us 3-3.5 decades before things double in prices (under ideal management).

Sort:  

Well...

Back in 1999, the Jollibee Champ costs only P60 (maybe less)... now...it's more than three times that price...
That's the effect of inflation and I guess few people look back at the prices decades ago.