After the fluctuations of recent months, golf markets in the UK and USA settled into a calmer upward phase in June.
UK prices in the month to 15th June rose by 1.02% overall, according to the latest figures from the Golfalot Price Index (GPI). Most of this gain was down to trolleys, again, with this sector up 4.78% as Motocaddy and Sun Mountain models arrived in stores. Fairway woods also posted a strong gain of 1.88% as prices held up as the golf season got underway. The main fallers were drivers down 1.78% and shoes down 1.02% with all the other categories down by under 0.5%.
In the USA the Golfalot Price Index rose 0.93% and unlike last month the picture was a little more balanced. Trolleys posted their second successive big gain with a 1.84% rise, but the biggest rises were utility clubs up 4.76%, wedges up 2.92% and putters up 2.1%. All the other categories were up on the month except for irons which fell by 0.85%.
Overall it has been a positive month for golf retailers on both sides of the pond, which is encouraging for the wider golf industry as we head into the Open Championship at Carnoustie in July.
The Golfalot Price Index allows the golf industry to compare price trends both within the UK and USA and between both countries. The Indices operate by tracking the prices of the latest models from each manufacturer as they reach the market. Therefore the models tracked always reflect pricing on what the serious golfer wants – the latest technology. Prices are taken from Golfalot.com’s market leading golf equipment price comparison service in the UK and USA.
For more detailed information view the Golfalot Price Index graphs for the UK & USA. online at www.golfalot.com/priceindex