We are really excited to share what we have prepared during the whole summer for you. It’s somehow close to the excitement of having a concert ticket for your favorite music band. 🙂
As we are a data company, we have been aware of how prices of the products vary in different countries for a long time. (Working with companies from more than 50 countries help..)
And we asked ourselves: Why don’t we prepare a summer basket and share the results with our audience?
Then, we started to track the prices of 39 summer-favourite products (here is the list) in 6 different countries which are United Kingdom, Germany, France, Netherlands, Italy and Spain. We also categorized the products – food and non-alcoholic beverages, personal care, household equipment, recreation and culture, tools and equipment for house and garden, clothing, alcoholic beverages, communication products – like the European Central Bank do for inflation measurement. At last, we also calculated the ratio of purchasing power according to the countries’ GDP per capita in 2016. ( Thanks to World Bank stats.)
Below, you can find the Prisync 100 index in 8 categories, each country’s summer basket price index and the ratio of each country’s summer basket price through their GDP per capita.
If you want to get more details about the prices of each product in our summer basket and be notified about our upcoming stats share your e-mail address with us below the slideshare. As a hint, we will continue to add new countries to our list.
Who knows? This can be the beginning of calculating online inflation…