OT why arnt distributors/retailers passing on the cost?

Given the current state of $v£, why havnt we seen a great drop in prices,
this applies to trade as well as retail.

Anyone else notice this too?

Aosmosis wrote in message ...
Given the current state of $v£, why havnt we seen a great drop in prices,
this applies to trade as well as retail.

Probably because the stock currently held by most firms has be purchased at the higher rates.

Wm ?

"Aosmosis" matt groening wrote:

Given the current state of $v£, why havnt we seen a great drop in prices,
this applies to trade as well as retail.


That's because most of the stuff is made in the Far East, where
currencies have been relatively stable against the pound.

With so few components being made in the USA now, the exchange rate
for the dollar is virtually irrelevant.

In article , T P
wrote:
That's because most of the stuff is made in the Far East,
where currencies have been relatively stable against the
pound.

With so few components being made in the USA now, the
exchange rate for the dollar is virtually irrelevant.

Surely more than a little of it comes from China whose currency
has a fixed exchange rate with the US$ (to the annoyance of
American business)?

--
Tony Bryer SDA UK 'Software to build on' http://www.sda.co.uk

"T P" wrote in message
...
"Aosmosis" matt groening wrote:

Given the current state of $v£, why havnt we seen a great drop in prices,
this applies to trade as well as retail.


That's because most of the stuff is made in the Far East, where
currencies have been relatively stable against the pound.

With so few components being made in the USA now, the exchange rate
for the dollar is virtually irrelevant.



True, but business transaction occurs in USD and not GBP. The dollar is the
global currency of the world.

the Euro is starting to take over because its so widely used.

and the reason you haven't seen the price drop is the real reason why you
dont see massive sudden increases in prices. Companies usually use standard
prices and then have good times and bad times. If it stays this way for a
long time then they may think about acting.


"Aosmosis" matt groening wrote in message
...

"T P" wrote in message
...
"Aosmosis" matt groening wrote:

Given the current state of $v£, why havnt we seen a great drop in
prices,
this applies to trade as well as retail.


That's because most of the stuff is made in the Far East, where
currencies have been relatively stable against the pound.

With so few components being made in the USA now, the exchange rate
for the dollar is virtually irrelevant.



True, but business transaction occurs in USD and not GBP. The dollar is
the
global currency of the world.

On Fri, 2 Jan 2004 16:27:50 -0000, "RichardH"
wrote:

and the reason you haven't seen the price drop is the real reason why you
dont see massive sudden increases in prices. Companies usually use standard
prices and then have good times and bad times. If it stays this way for a
long time then they may think about acting.

Unlikely - they only usually react the "other way" - if the rate moves
against them, they quickly ramp the prices up. Bit like credit card
companies really.

jay

On Fri, 2 Jan 2004 19:02:42 +0000 (UTC), Jay
wrote:

Unlikely - they only usually react the "other way" - if the rate moves
against them, they quickly ramp the prices up. Bit like credit card
companies really.

And bleeding societies. Sorry meant 'building'.




Rufus
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