Leaving the UK Blues: the weak pound is pushing up the price of the guitar

British buyers soon guitar can play Blues British exit from the EU, as the increase in prices caused by the falling value of the pound to feed through record stores.

Prices are rising at double-digit figures as the world’s leading U.S. brands such as Gibson and to increase the list price on the wing to compensate for the reduced purchasing power of the pound sterling.

Anthony Macari, owner of Macari on a London street Denmark, said: “we are seeing increases of 10-15% and not only on the American guitars, but the guitar coming from Europe and China. Everything catches up”.

He said that the increase was noticeable, because the prices of guitars have barely risen in recent years. The full effect will be felt after Christmas, he said.

Price list American standard model top-seller Macari, Gibson Les Paul will increase by approximately 10% to £2,299 for 2017.

At the Regent, located on the other side of the street of Denmark, the owner of Crispin Weir said that he changed their prices three times after the vote for the quarter and month. He said that the prices of Fender guitars has increased by about 20% and on other items the increase was more.

“We have seen rising prices right across the Board, and they continue to grow. Some things will go up by 40%. I was always afraid that it will happen”.

The pound dropped after the referendum on June 23, almost a fifth of its value against the dollar. Sterling also fell against the Euro and the Chinese yuan, pushing up the price of a budget model, made in China.

Macari and Weir said that was a short-term benefit to cast pounds. Said Macari customers snapping up the stock and said Weir of the European tourists the power of euros for the purchase of tools. Effects of Macari, which he makes in London, is also cheaper for US buyers.

British guitarists may have little choice but to pay extra, because there is no domestic manufacturer to compare with the charm and history of U.S. brands. Macari said: “if this is not done in Nashville, it’s not a Gibson”.

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