This is probably more true for nails than many other things. It also has problems when looking at the details with (older style) cut nails working better than wire nails in some applications but being more expensive. The article discusses these but I would have liked it if the article had tracked the price of cut nails to the present too.
Another amusing nail thing is that, despite the fluctuating price, nail sizes in the US are still typically given in pence (ie corresponding to the cost of the nails at some time in history) where eg a 4d nail is about 50% larger than a 2d nail in length and diameter.