Tech vendors increase prices by up to 24% amid inflation

https://www.theregister.com/2023/06/16/tech_vendor_price_hikes/

27 points · 11 comments · view on lemmy.world

11 Comments

lynny@lemmy.world · 8 pts · 3y (7 replies)

Am I just being ignorant in thinking it's strange that these vendors need to increase their prices by 24% when inflation is not even double digits?

dystop@lemmy.world · 12 pts · 3y (1 reply)

Corporate greed. It happens with everything, be it prices of microchips or mashed potato.

Taxxor@lemm.ee · 1 pts · 3y

I‘m honestly surprised that games haven’t reached the $100 mark years ago already(excluding deluxe editions). I hear many people cry about how a console game is now $80 instead of $70 but if we’d really take Inflation of the last 20 years they should already be way above $100. It seems like games are one of the most price-stable things

OneDimensionPrinter@lemm.ee · 5 pts · 3y

I suspect you are not being ignorant, but don't actually know. However, with rEcOrD pRoFiTs every quarter, well I just don't care, it's too much. EVERYTHING is expensive now. And it sucks. I miss my $1.99 milk and $1.50 per gallon for gas :(

nivenkos@lemmy.world · 1 pts · 3y (3 replies)

Wow, I wish I lived where inflation wasn't double digits.

lynny@lemmy.world · 2 pts · 3y (2 replies)

That's the US apparently. Is it worse elsewhere?

nivenkos@lemmy.world · 5 pts · 3y (1 reply)

In Sweden and the UK, although it's come down a bit at least.

The food inflation is especially crazy, it was over 20% for a while.

But I think the Eastern European countries like Lithuania, Estonia, etc. have had it the worst - but at least they were starting from lower prices.

lynny@lemmy.world · 2 pts · 3y

Eastern Europe can't get a break...

Screak42@lemmy.ml · 6 pts · 3y

Greed. Nothing else.

hejsan@feddit.nl · 5 pts · 3y (1 reply)

This isn't just a tech issue. Every company loves inflation because they can use it as an excuse to raise prices.

buckykat@lemmy.fmhy.ml · 4 pts · 3y

Inflation is just companies raising prices