Sony Digital Camera Forums
Sony DSLR, SLT, NEX, & Mirrorless Discussion => Sony Alpha SLT Camera Discussion => Topic started by: Gordon McGeachie on August 31, 2016, 09:52:41 PM
I have been using the camera price buster app to keep track of prices on the above models, and various lens`, and have noticed that over the last 2 weeks the A77ii has gone up in price by £190, and the A68 by £90.
Any idea why the price of lens` has hardly changed as well as bodies..............
surely it cant be because of `Brexit`............................?????
I think the whole of Europe has been hit with price increases on all Sony camera gear. The a7rii has had a £300 increase i think and the G master lenses have all gone up by about £200. The prices were already very expensive for what you get, now they are simply ludicrous. It may be down to the strength of the pound or the possibly the earthquake that hit Japan and damaged some of their factories although i do believe it was a sensor production factory that was hit this time.
Since Brexit the Pound has gone down. There are so many things that effect the exchange rates that it is near impossible to be sure of the reasons. Just prior to Brexit it was approximately 1.00 GBP = 2.05 CAD, now it is 1.00 GBP = 1.72242 CAD and 1.00 GBP = 1.31394 USD. 11/2 years ago the CAD was equal to the USD, the US veto of the oil pipeline killed that.
I would hazard a guess that it was Brexit that is responsible as the Euro also went down about the same time, although I'm not certain why. I am sure about the pound vs the CAD as I send money to Scotland each month and keep up with the exchange rate. It's not quite as much as I show above as during the same period the CAD also went down a bit vs the USD. I also send money to the US for birthday presents for my Grandchildren. :)
It is not just Sony prices that have been affected as I saw something a month or so ago talking about camera equipment from other manufacturers putting their prices up on 1st September due to currency fluctuations related to the strong Yen
Fud, the yen has slipped to its weakest level against the U.S. dollar in nearly eight years. However that means they have to increase prices to maintain there income which hurts their Yen even more as exports go down. It becomes a vicious circle. One way to stop that cycle is to keep prices the same and reduce wages, the method used by most western countries.
As a self funded retiree, I live off the returns from investments. When "the clever people" reduce the interest rates around the world, folks with mortgages have more to spend but the savers have no choice but to reduce spending to match the reduced income..... john