Price Rises on the way

[flecc]

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It's looking increasingly likely that prices are inevitable for those who have not already just raised them as this report shows.
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[tillson]

Luckily the strength of the Pound against the Euro and the forthcoming price reduction which this will bring will cancel out the price rise brought on by a weak Euro to Dollar exchange rate

 

[trex]

perhaps not on all bikes. Chinese bikes will be most affected because the RMB shadows the US Dollar. The Pound drops from $1.56 at the beginning of the year to $1.51 currently. For most of last year, the Pound was worth around $1.65 on average, peaking at 1.715 last July when the economic outlook was at its best.

 

[JohnCade]

I've been expecting European made e bikes to fall in price along with the Euro. Some material costs might rise but that should be outweighed by the Euro fall against Stirling.

Never underestimate the capacity of business to lever up prices though. Rather like when the wholesale cost of gas rises and consumer prices rise at the same time. But when it falls as it has by 30% over the last year, consumer prices fall by just 3.5% because they claim they bought at the old rate.

 

[flecc]

I hope soTillson, but bearing in mind the nasty habit we have of our number of pounds for an item being the same as the number of dollars for it in the US of A, I'm not confident that will be the case.
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[shemozzle999]

Perhaps if the Europeans did not try to sell Chinese made bicycles as home grown they might not have been effected