I’m relatively inexperienced with firearms, but have noticed that the price off ammo has fluctuated greatly over the last 1.5 or so years. For example, where I am, a 50 count box of 9mm has nearly halved in price from ~$20 to ~$12.
Is this due to COVID or is this sort of thing typical of the industry? Thanks in advance.
3 points
$12/50 9mm is still high. Prior to 2020 50 9mm was ~$8.
Keep in mind that some of that will be inflation, which we’ve had an unusually large amount of recently.
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=8&year1=201912&year2=202309
$8 in December 2019 has the buying power of $9.58 in September 2023.