In this market, the 2018 Base Mac Mini cost about USD 30-35 more than the present M4 base iteration, and the price is the same as the M1 at release.They HAVE increased the prices of ram/storage with 20% which is much less than the general picture should indicate.That's a wrong expectation to have when it comes to Apple.
I've been an Apple customers for about 15 years and Apple's prices have gone up, down and stayed the same.
Meanwhile the currency has weakened significantly against the USD (haven`t checked the currencies in countries where the parts are made and the assembly takes place, but logistics have been generally more expensive, and so is energy). Ram/SSD prices are somewhat disconnected - more or less like prices vary at a commodity exchange by supply and demand.
The general picture is that prices are up between 50 and 100% since before Corona. The retailers in this market are not in the habit of discounting new iterations of Macs, and I bet there isn`t much if any profit left for the retailer knocking USD 100 off a base M4 mini, which was the deal I paid for.
The Mini is exceptionally good value and I believe on a similar level to the pre 2018 iterations in terms of prices relative to general costs/salaries and so on. Sticking to the base iteration the M4 Mini will be almost embarrassingly cheap to own provided if passing it on when it makes sense.
Probably (on top of my head estimate), a 512/24 M4 Mini sits right where the 2018 was taking currency and generally much higher prices/living costs into consideration.