Statistical Problem MV Analysis

[CR Haeger]

It seems to me that you may be data "poor" with only two data points per product.

At best, you may be able to run a paired T test for many different products sampled only twice - once in each of two regions. This may allow you to conclude if one region tends to have higher prices for all products, where region is the factor.

If you then want to determine correlation between product pricing (continuous Y) and several mainly discrete X factors (product, region, consumer/non consumer, pricing policy, origin, type and classification) and a continuous X (price of product) then you would need much more data than two prices per product.