Purpose of the session:
Discover the difference in prices through years


Description of the Activity:

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 €
  1. Which item increased the most in price?
  2. Why are 1997 prices lower? Were people better off? What can you conclude?
  3. How about wages? Can you find the data to see wage differences?