Across the thousands of items in the Consumer Price Index of September, many items saw an increase in comparison with August’s document, released by the Department of Commerce.
Netherite Ingots saw an increase from a median price of $110, to $130, which is an increase of just over 18% in a single month. Said item is very often used to store money, which can be liquidated at a later date by selling it to chest shops. Think of it like a stock market. The price went up, so it is very likely that people will sell more netherite ingots this month, knowing the current prices. This, however, can lead to price decrease in the next month’s CPI announcement.
Blocks of netherite saw a whopping increase of almost 87.5% (!), from a median price of $720 to one of $1,350 per. Dividing $1,350 by 9 (number of ingots in a netherite block), gives us a median price of $150 per, which means that selling blocks makes each ingot more valuable. Selling 9 netherite ingots separately, will result in only $1,170, which presents a 13.3% price decrease compared to selling in bulk (blocks).
But, the same cannot be said about diamonds and its blocks. The median price of a diamond in August, dropped from $9, to $8 per, signaling a ~11% decrease. With this value, a block of diamonds now costs $72, compared to $81 of last month.
Diamond blocks decreased even more in value, going from $90 to $55.19 per, a 36.67% decrease. At this rate, a single diamond costs $6.13, 23.3% less than the price of $8 in September’s document. This has the opposite result compared to netherite blocks. Each diamond block sold, makes each individual diamond less valuable, so for the players of the Commonwealth, it’s worth more to sell them separately.
Overall, because of the extreme increase in netherite ingot and block prices, the inflation of the aforementioned items is at 20% (!). This means that, in order to buy items that in August costed $1, you would need an average amount of $1.20 in September.
It’s no coincidence, that some presidential campaigns for the recent elections, promised to fix the “collapsing” economy of Redmont. Personally, I have no opinion about if they are going to do it, but if they are, this is the “collapse” they are talking about.
