When we are talking about the price of paracetamol, even if it is X% higher than in the UK, that does not mean much if people are buying a couple of packets now and again just to have in case of emergency.
I wonder if there are many people here who are actually affected by these prices beyond a couple of euro a year.
Probably not, I think I will save maybe a tenner a year in the future by not buying paracetamol in my local pharmacy.
But when that same principle of looking for the best value is applied to all purchases, the amount saved will probably be thousands annually.
It is not just paracetamol though. It is the price of almost all OTC medicines, including things like allergy tablets, indigestion remedies, cold sore creams.
Think of paracetamol as the equivalent of the Big Mac index.
The differential with UK is very stark for pharmaceuticals compared to any other product though and has been since I’ve been paying attention (about 20 years).
The differential with UK is very stark for pharmaceuticals compared to any other product though and has been since I’ve been paying attention (about 20 years).
The Missus and I are just back from our annual holiday in the Algarve. While there, we filled 12 months' of our prescriptions; prescriptions that would have cost about €840 in Ireland, but cost only €280 in Portugal. So our saving was in the region of €560. And allowing for the 20% tax...