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DOOM: Inflation

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    DOOM: Inflation

    “With TV prices continuing rising, the global TV market and related supply chains will face more pressure in the second half of 2021, according to industry sources.

    The increases in TV prices have been reflecting rising panel prices since June 2020, said the sources.

    Quotes for 32-inch panels have moved up 150%, those for 43- 50- and 55-inch models have more than doubled, and those for 65- and 75-inch ones have gained 30-60%, indicated the sources.

    The sharp increases in panel prices have brought operating pressures for TV ODMs and resulted in heavy losses for TV vendors, said the sources.

    Most brand vendors have raised their retail prices to pass the increased costs on to consumers, while also accelerating the production toward large-size TV models to maintain profitability.”

    https://www.digitimes.com/news/a20210517PD211.html

    Time for ONS to exclude TVs from calculation of inflation?


    #2
    Again and again we are seeing the effects of climate change and Br*x*t

    Rising sea levels and fish quotas now feeding through to TV prices. Sadly these kind of things will become common place until we acknowledge and reverse these things.

    First Law of Contracting: Only the strong survive

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