What They Say
We reported a little while ago how DSCC had looked at the US CPI for TV (Greatest Hits of the 70s). Now the firm has published another blog article highlighting the big change over the last year in the CPI and for the first time for many years, the index for TVs has become higher than general inflation at 8.1% YoY compared to 4.8%. The key reason is, of course, the effects of high panel prices.
Those prices have now peaked and will start to decline, which should lead to an easing of TV prices in three or four months, according to Bob O’Brien of DSCC.
What We Think
The skills of some industries (such as cars) in keeping pushing prices up year on year have always fascinated me as all my commercial experience has been in steel, a commodity that went up and down and displays which, at the retail level, just seemed to go down. (BR)
