Originally Posted By: myrison

I'm pretty sure it comes down to currency values. The British Pound is down ~15% in the last 4 months against the US dollar (see chart), and Axiom can't afford to absorb the drop in value of the Pound without some adjustment. I imagine the ~20% hike versus ~15% drop in value is to protect themselves from additional swings in value of the Pound/Dollar ratio, which isn't hard to imagine given the wild ride we've all been on in the last month or two.

Hopefully in time it will stabilize...

Jason


I hope so :-(

It's just it would have been nice if Axiom let people know in advance. When I read the 'Canadian Price Increase' thread title, strangely it didn't occur to me that the UK would be affected as well. I would have bought my new speakers there and then!

 Originally Posted By: axiom
Hello Canada!

Just a note to let you all know about the upcoming price increase in Canada. Prices will be going up 5% on September 26th to more accurately reflect current exchange rates. One week left!


Still looking for my "UK Price Increase" thread \:\(

Last edited by Ratticon; 10/20/08 12:02 PM.