General Discussion Topics, page-30595

@Verplak,

mate I reckon your wrong about the world of hurt 're inflation putting pressure on all commodities, there has already been significant increases across the board with many retail outlets increasing their prices due to manufacturing costs and processing.

To give you an example went to a furniture shop a couple of weeks ago to purchase some furniture I spoke with manager and we got into discussions about pricing, he said the following the prices of furniture have increased exponentially this year due to the fact that 18 to 24 months ago we were paying 4,000 for a container to be delivered and that price per container had increased to around 8,000 late 2020 and into 2021 has further increased to around 12,000 a container, but there was good reason for the increases fuel prices rocketed and the shipping company's had huge decreases in the containers being shipped, hence the need to increase their prices to such an extent.

The store manager continued and said the price of that lounge 2 years ago was 2,200 its now 3,200 given the increases in materials sourced, manufacturing and shipping, but the cost of their last delivered container in October had actually come down to around 10,000 and he could see the pricing to drop dramatically over the next 6 to 12 months as sales increased that would flow back into all costing area's he also said have a look at the store every 30 seconds we have customer's come through the door with over 60% being buyers, so people are spending and therefore the economy will flourish again, but whilst I believe there is a going to be some pain in the near term it will only be minor IMHO and not as huge as you may be thinking it will.