The rising price of cycling — why are bikes more expensive and how is the industry coping?

  • 📰 roadcc
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The rising price of cycling — why are bikes more expensive and how is the industry coping? Inflation, Brexit + post-pandemic problems discussed on the roadcc podcast cycling

looked at how the price of bikes and other cycling-related products have risen sharply in recent years, outstripping the rate of inflation. Plenty of discussion ensued in the comments beneath the article –prompting us to take a closer look at the subject in the latest episode of the road.cc podcast.Host George, as well as Jamie, who penned the original piece, are joined for the episode by Colin Williams of FLi distribution, who talk through the issues involved from an industry point of view.

And many of those issues are ones over which businesses operating in the sector have absolutely no control – for example, the disruption to the supply chain and manufacturing brought about by the coronavirus pandemic, which also resulted in a huge surge in the price, worldwide, of shipping containers, forcing costs to soar.

That may seem counter-intuitive to many people, given the role of the Far East as the powerhouse of global bicycle manufacturing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 21. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What inflation means for the Big Mac indexOur Big Mac Index suggests that a combination of rising prices and a rising currency threatens to move American prices out of whack with those elsewhere in the world Jollof rice, beef/chicken and plantain and salad is Nigeria intellectual property! I am pitching, A hundred year tax abatement for electricity & manufacturing for Nigeria. pls halp Hey, ... Are we having problems with our middle school maths? The Big Mac implied exchange rate of the British pound is 5.36 / 3.79 or 1.41 USD per GBP. That makes the present exchange rate of 1.23 just 13% undervalued. Some other currencies are similarly backwards.
Source: TheEconomist - 🏆 6. / 92 Read more »

The Inflation Reduction Act Is Accelerating The Energy Transition | OilPrice.comThe Inflation Reduction Act has been a boon for the renewable energy industry, and even higher commodity prices aren’t dragging it down
Source: OilandEnergy - 🏆 34. / 68 Read more »

US stocks tick upwards as core inflation edges higher\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Source: ftenergy - 🏆 47. / 63 Read more »

Europe’s next inflation victim? Sugary treatsWhy is sugar so expensive? The main culprit is soaring natural-gas prices How is the consumption or demand of sugar? Is increasing or decreasing? Trip to the grocery today showed a 10 - 15% rise across the board. Every price increased. Ask this question to BlackRock. Why do you ask me?
Source: TheEconomist - 🏆 6. / 92 Read more »

Have economists misunderstood inflation?John Cochrane argues that fiscal theory can explain both the period of low inflation and the return of rapidly rising prices after the pandemic. But it offers limited guidance to policymakers beyond what is already well-known Hindsight is so much better than prediction. Stop paying people to stay at home and be non-productive. This round of inflation was Kicked off by Biden canceling Keystone Pipeline. The administration’s energy policies caused this. Transportation costs are energy dependent. All vehicles run on oil including Tesla cars. Tires are made of oil .
Source: TheEconomist - 🏆 6. / 92 Read more »

Gibraltar: Life After BrexitWhat will Gibraltar's post-Brexit status be? Left out of the UK’s withdrawal agreement, the British Overseas Territory has been left in limbo since, operating on ad hoc arrangements BBCJoeInwood reports as London and Madrid edge closer to a solution BBCJoeInwood I’m sure Zahawi could help ‘em out
Source: BBCNewsnight - 🏆 109. / 51 Read more »