Archived posting to the Leica Users Group, 2009/01/16
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Could the dreaded stagflation be on the horizon? Hopefully not, but a
lot of what I'm reading reminds me of the '70s. Rising prices in
prolonged recession. There's not a lot anyone can do to fix it. Again,
I hope that's not the case.
-----Original Message-----
From: Henning Wulff [mailto:henningw@archiphoto.com]
Sent: Friday, January 16, 2009 12:56 AM
To: Leica Users Group
Subject: Re: [Leica] FYI: NIkon price increases
At 7:08 PM -0500 1/15/09, A. Lal wrote:
>Just go an e-mail from Levine's in Boston. Nikon prices are going up
>on Feb 1, with some items jumping up by 30+%. Surprising to see
>price increases in this economic climate.
>
>Can Canon be far behind?
>
Since last spring the Japanese Yen has gained 70% against the
Canadian Dollar and nearly 50% against the US Dollar. That's a bit
too much to absorb for the distributors.
--
* Henning J. Wulff
/|\ Wulff Photography & Design
/###\ mailto:henningw@archiphoto.com
|[ ]| http://www.archiphoto.com