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The sterling price rises cometh

Lumen · 2008-12-31 06:14:16

This is the first such explicit price increase I've seen: http://www.pedalon.co.uk/acatalog/giant_tcx_2_.html Web Price: £635.00 Price Increases Due to Sterling's current weakness against the US Dollar, the UK importer of this product has advised all of its UK dealers of price increases from January the 1st 2009.…

31-12-2008 6:14am

#1

Lumen

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This is the first such explicit price increase I've seen:

http://www.pedalon.co.uk/acatalog/giant_tcx_2_.html

Web Price: £635.00
Price Increases Due to Sterling's current weakness against the US Dollar, the UK importer of this product has advised all of its UK dealers of price increases from January the 1st 2009. Therefore, we cannot guarantee the current price of this bicycle beyond that date. The revised price of this bicycle will be £695

That's only 10% up, which is surprisingly modest all things considered.

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Comments

#2 31-12-2008 9:34am

paddy's hill

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I was wondering when that was going to happen. If sterling stays where it is all imports to UK are going to go up by about 30%. Buy now in the sales before they have to restock.

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