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Re: How long is a piece of string...
Originally Posted by bobd22
(Post 11786200)
Yes I would agree and not that long ago it was well below 1.15 for quite some time and its fall to that from around 1.37 - 1.40 was rapid.
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Re: How long is a piece of string...
I find Spain cheaper for everything than the UK. A couple of examples, and ones which aren't impacted by the big country, cheap region, cheap shop argument are:
I bought a new car in Spain last year. My brother-in-law bought the same car in the UK a couple of months earlier. On a circa 13,000 UKP purchase, I paid 1,000 less. I buy clothes from Next. Next's prices are the same in all their UK stores and their website sells at the same prices as the stores no matter where you live. There is now a Next.es site and as an example, a polo shirt listed on the UK site for 35 UKP is on the .es site for 37 EUR, which is about 26/27 UKP. Moving on, I spend quite a lot of my disposable income on eating out. Whether high-end or low-end, Spain is cheaper. Forget the local places, even comparing national outlets where prices are fixed, Spain is cheaper. Take McDonalds, for example, always cheaper than the UK price list. |
Re: How long is a piece of string...
There is little merit in comparing prices of consumer goods without looking at the ability to pay. It would be pointless of a company setting it's prices so high that people weren't able to afford them.
Spain's ability to pay is considerably less than the UK or Germany. If you compare the official minimum wages in each country (2015 figures compared at 1st July exchange rates) they are as follows: Spain 5.08 Euro Germany 8.51 Euro UK 9.09 Euro Now you may consider that the minimum wage is a crude measure to use but by a number of other economic indicators the same conclusion is reached. Price points are decided by the ability to pay which is why a Mcdonalds in the UK is on average £5, in Spain 7 Euros and in Russia $5. |
Re: How long is a piece of string...
Originally Posted by rspltd
(Post 11787559)
There is little merit in comparing prices of consumer goods without looking at the ability to pay. It would be pointless of a company setting it's prices so high that people weren't able to afford them.
Spain's ability to pay is considerably less than the UK or Germany. If you compare the official minimum wages in each country (2015 figures compared at 1st July exchange rates) they are as follows: Spain 5.08 Euro Germany 8.51 Euro UK 9.09 Euro Now you may consider that the minimum wage is a crude measure to use but by a number of other economic indicators the same conclusion is reached. Price points are decided by the ability to pay which is why a Mcdonalds in the UK is on average £5, in Spain 7 Euros and in Russia $5. But yes, things are cheaper in Spain because people earn less and rental of commercial property is way less Most multinationals price their products lower for Spain |
Re: How long is a piece of string...
Originally Posted by rspltd
(Post 11787559)
There is little merit in comparing prices of consumer goods without looking at the ability to pay. It would be pointless of a company setting it's prices so high that people weren't able to afford them. Spain's ability to pay is considerably less than the UK or Germany. If you compare the official minimum wages in each country (2015 figures compared at 1st July exchange rates) they are as follows:Spain 5.08 EuroGermany 8.51 EuroUK 9.09 Euro Now you may consider that the minimum wage is a crude measure to use but by a number of other economic indicators the same conclusion is reached. Price points are decided by the ability to pay which is why a Mcdonalds in the UK is on average £5, in Spain 7 Euros and in Russia $5.
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Re: How long is a piece of string...
Originally Posted by rspltd
(Post 11787559)
There is little merit in comparing prices of consumer goods without looking at the ability to pay. It would be pointless of a company setting it's prices so high that people weren't able to afford them.
Spain's ability to pay is considerably less than the UK or Germany. If you compare the official minimum wages in each country (2015 figures compared at 1st July exchange rates) they are as follows: Spain 5.08 Euro Germany 8.51 Euro UK 9.09 Euro Now you may consider that the minimum wage is a crude measure to use but by a number of other economic indicators the same conclusion is reached. Price points are decided by the ability to pay which is why a Mcdonalds in the UK is on average £5, in Spain 7 Euros and in Russia $5. The fact is, that Brits and Germans simply have more income, so it goes farther in Spain. Full stop. And minimum wage doesn't have all that much to do with it. Until last year, Germany had none at all, and people still had higher incomes. But it is true that "market prices" for goods are heavily dependent on what people are willing (and can) pay. But even when market prices are higher, profits are offset by generally higher costs of doing business in those regions, and of course, higher taxes. |
Re: How long is a piece of string...
Where else can you buy an octopus for 15 euros and a bag of cherries for 1 euro :thumbsup::lol::lol::lol:
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Re: How long is a piece of string...
Originally Posted by Keith1963
(Post 11787702)
Where else can you buy an octopus for 15 euros and a bag of cherries for 1 euro :thumbsup::lol::lol::lol:
Rosemary |
Re: How long is a piece of string...
Originally Posted by Rosemary
(Post 11787720)
Or be given huge bags of oranges, lemons, persimmons and all manner of vegetables that were picked that day.........free!!!
Rosemary For me a warm home and a warm heart ( and a cool pool ) are worth an extra euro or two :thumbup: |
Re: How long is a piece of string...
Originally Posted by Keith1963
(Post 11787702)
Where else can you buy an octopus for 15 euros and a bag of cherries for 1 euro :thumbsup::lol::lol::lol:
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Re: How long is a piece of string...
Originally Posted by Rosemary
(Post 11787720)
Or be given huge bags of oranges, lemons, persimmons and all manner of vegetables that were picked that day.........free!!!
Rosemary |
Re: How long is a piece of string...
Originally Posted by Moses2013
(Post 11787763)
Well, we have cherry trees, apple trees, pear trees etc. in our garden. You can buy an octopus for less than €15 these days, but in a few years we might not even see them. Spain has been overfishing for years and we're destroying our oceans. Food prices are far to low in Europe and I wouldn't mind spending a bit more money if the quality is good and you know you're supporting the local economy.
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Re: How long is a piece of string...
Originally Posted by Horlics
(Post 11787800)
If food prices are too low for you and you care about the oceans, it is possible using this wonderful Internet thingy to source organic and ethical food at much higher prices than you can find on your local street. There are websites in Spain that sell this stuff. Fill yer boots, but let skint people have cheap food too, it's really important to them.
And there is plenty of choice in the cities to eat good quality and sustainable fish and meat anyway. And lots of fruit and veg from people´s local huertas There is no excuse for eating badly in Spain as long as you can afford to eat well. And even if you can´t, lots of people have friends and family like Rosemary´s |
Re: How long is a piece of string...
Originally Posted by Horlics
(Post 11787800)
If food prices are too low for you and you care about the oceans, it is possible using this wonderful Internet thingy to source organic and ethical food at much higher prices than you can find on your local street. There are websites in Spain that sell this stuff. Fill yer boots, but let skint people have cheap food too, it's really important to them.
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