I was curious to see if the public are buying cheaper priced items now.
So I decided to look at a few newsagency departments to see the average prices sold.
Last year YTD the average unit price was $5.73
This year YTD it is $5.68
Over the last two months it has been $5.92. Magazines are slowly creeping up in price. Much of that is the Austalian dollar with its massive gyrations.
For greeting cards sold
Last year YTD was $4.06
This year YTD is $4.16
For tobacco goods
Last year YTD was $9.23
This year YTD is $9.49
Overall I do not see much difference in the unit item prices sold this year compared to last year. If anything, it is slightly up.