Bike prices vs inflation...are we getting mugged off? cycling CostOfLivingCrisis
Cycling has always been a relatively costly sport, but recently it has seemingly become more ridiculous than ever. In the UK, inflation remains near a 40-year high; but can that justify the increase in the prices of bikes and bike components?
Since then, the average inflation has been around 4% and given this percentage increase we would expect the tarmac in its latest iteration to garner a price tag of around £8800. In 2009 a range-topping Madone 6.9 would’ve cost you £5000, but will now set you back an eye-watering £13,800 for the latest SLR model. With the rate of inflation, this price should’ve still been four figures, costing around £8000. This figure actually makes specialized look good!
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