PRICES IN GENERAL.

[admin_exported]

As we all know, prices are significantly higher now than they were just a few months ago.

But, is it just the weak £ or, is there more to it than that?

Does anyone have an opinion when/if prices will go down?

All the best!

 

[Andy Clough]

The weak £ certainly made importing goods manufactured outside the UK, and sourcing components from abroad, more expensive, hence the recent price rises. But the pound is gaining strength again, although I wouldn't hold your breath for imminent price cuts.

 

[Anonymous]

As a business, we were buying dollars at $1.45/£ but our most recent purchase has been at $1.60/£.

This means our imports (paid in dollars) are now 10% cheaper.

You would expect this to impact on other imported products but it always takes time to wash through.