Brexit price rises ....

[LurkingHusband]

I thought a thread for people to post details of price rises that can be attributed to Brexit might be interesting.

so:

Microsoft (22%)
VMWare (15%)
HP (10%)
Lenovo (10%)
Apple (20%)

For now, I'm not adding in suppliers that have moved from charging in sterling to Euros (strangely not dollars ). But if that seems a trend, maybe they should be added in ?

Groceries are going up, too, either through direct increases or by reducing size. Will probably really hit on the new year. Unilever was just the start

As with the Toblerone increasing the spaces between the triangles. Or are we going to be told that would happen anyway.

Why would the milk round January interviews be for a May start? Or do many degrees finish by May now?

Peregrina I'm under no illusion that suppliers will try to use the weak pound to increase prices beyond merely offsetting their increased costs, however their costs have undeniably risen due to the referendum result and all that followed so far.

If you are old enough to remember decimalisation, exactly the same happened. Prices shot up.

Prices went up in every country who switched to the €. People won't forget the companies who are trying to shaft us, they will lose precious loyalty from many, many consumers.

Rage - overall prices will go up and suppliers cannot be expected to fully absorb the pound's decline. A narrative that it's only nasty profiteering that causes the prices to rise is myopic

Dh and the telly said the same thing the other day

Its going to be a very good christmas thjs year for a lot of people, spending is up a lot of people feel very buoyant at the moment

But that wont happen next year, belts will be tightened

Hope they are wrong though

www.bbc.co.uk/news/business-38023732

Tesco chief executive Dave Lewis has warned global suppliers not to artificially inflate their prices because of the fall in the pound.

Potentially everything

One wonders how that conversation will go ?

TESCO: Don't artificially inflate your prices because of the fall in the pound.

GLOBAL SUPPLIERS: Or what ?

What are global suppliers supposed to do? Be charitable towards us because we chose to f*ck the economy?

Colman and campingaz trade prices rose 8% on 1st September and 2017 stock order prices are another 8% on top of the September price increase

Won't affect my sales much as I ordered what I needed for 2017 season mid August at the pre increase price when I found out and haven't bothered placing a 2017 order with any of my suppliers at all as I have more than enough stock to run with and thin out for next year

Hopefully things will have stabilised by the end of next year on currency and pricing if not I can easily manage 2018 as well, it just won't be the latest colour scheme on some items but as my stuff will be 20% cheaper I don't envisage a problem keeping a decent amount of sales coming in

UK will still be liable to pay contributions to the EU until at least December 2019 & guaranteed loans. Because these are paid in Euros & the GBP/EU has fallen there will be an even bigger hole in public finances.

Read today that musical instrument prices are going up 20% or more. Many are manufactured in the US (guitars) and China (everything) - there is almost no domestic production, so prices are sensitive to exchange rates. Some guitar makers are raising prices by 40%!

Come on, it can't possibly be because of the referendum. It must be Remoaners. Let's all pull together and be positive and make Britain great again!

Ahem.

It pretty much is all because of the referendum in so far as that is what has caused the pound to drop in value and because we manufacture very little anymore and it's all imported then because if the weak pound prices have risen hugely

The best way forward is manufacturing more ourselves rather than importing stuff but in a lot of stuff the skills, knowledge and in some cases machinery aren't around in the volumes they need to be to get things back on track

Even if they where you have to find people willing to put there money into it and get things off the ground again

I brought the last 3/4 guitar in the shop for DS. Thebloke who runs the place said the next batch will be the same but £20 more because of brexit.

My tank of petrol tipped over the £50 mark today for the first time in years! Drove off the forecourt muttering brexit bastards under my breath! Makes me so mad!

news.sky.com/story/collapse-in-the-pound-to-push-up-electrical-goods-prices-10667424?dcmp=snt-sf-twitter

Electrical/ white goods next. There is going to be an almighty pre-christmas spending spree followed by a painful new year hangover.

Justin King, ex CEO of Sainsbury's, predicting a 5% rise in food prices over the next 6 months:

www.bbc.co.uk/news/business-38074616

Naked Wine have increased their prices by 5% and blamed it on Brexit.

Wines*

I think we seem to be in for 10-20% price increases on everything across the board. Even those who don't need to increase prices will take the opportunity to do so.

Effectively, it will be like everyone taking a10-20% cut in wages.

I got a piece of propaganda advertising through the letterbox from the Leave campaign promising me food would be £334 cheaper outside the EU however they cleverly didn't say over which timescale I would make that saving. £334 a year? A month? Over my lifetime? Nor did they specify if it was per person, per household, ...

But hey, why let the small details get in the way.

Effectively, it will be like everyone taking a10-20% cut in wages. back control

fixed that for you