Purpose of the session:
Discover the difference in prices through years
Description of the Activity:
- First we discuss inflation
- Look at the price difference from our country
- Look at € inflation
- Compare prices according to inflation and real change
PRICES IN SLOVENIA
(100 € from 1997 is 140,99 € in 2017)
ITEM | 1997, January | 2017, January | Percent change in price | 1997 price in 2017 euros |
Black bread | 0,66 € | 1,89 € | ||
Kilogram of chicken | 2,38 € | 3,77 € | ||
Chicken egg | 0,1123 € | 0,1733 € | ||
Milk with 3,5 % fat | 0,33 € | 0,9 € | ||
Apple (kg) | 0,47 € | 1,15 € |
- Which item increased the most in price?
- Why are 1997 prices lower? Were people better off? What can you conclude?
- How about wages? Can you find the data to see wage differences?