Car prices 2018-24 - some v good data on the car industry.

[ptevo]

We all instinctively feel new cars have shot up of late.

Now the good burghers at JATO, the car industry (and my go-to source) no1 data analysis company have done a deep dive of 4 car sectors.

HIghlights - like for like PRICES have increased 40 PERCENT in just SIX years.... which effectively means you are now paying a at least a whole car sector more for the same car!

https://www.jato.com/resources/news-and-insights/r...

[paul_c123]

Pretty graphs but its consolidated Germany/France/Italy/UK data. And it doesn't factor in inflation, which is significant in the last 6 years.

[Overall D]

paul_c123 said:

Pretty graphs but its consolidated Germany/France/Italy/UK data. And it doesn't factor in inflation, which is significant in the last 6 years.

It shows inflation. If you mean it doesn’t account for average income growth, yes it doesn’t. Anecdotal evidence is in my sector (IT cloud/platforms) perm salaries are barely above what they were in 2017 and contracting rates are mostly lower.

[paul_c123]

Overall D said:

It shows inflation. If you mean it doesn t account for average income growth, yes it doesn t. Anecdotal evidence is in my sector (IT cloud/platforms) perm salaries are barely above what they were in 2017 and contracting rates are mostly lower.

No, I mean the prices aren't inflation-adjusted. They are retail prices.

Sure, they SHOW inflation because they reflect the general trend of inflation the past 6 years:




(Source: FT https://www.ft.com/content/901819cb-12b5-40f7-bfe1... )