After almost all photo companies announced price increases this year (Nikon, Canon, Sony, Leica, TTartisan, Tokina, and Zeiss), Leica UK also admitted that it raised prices on some products last month (April 2022):
Jason Heward, MD of Leica Camera UK, revealed to AP, ‘Our products have a very long life-cycle and we review prices for them on an annual basis, the last one happened on 1 April [2022]. We managed to keep price increases to a minimum and have absorbed most of the impact of the escalating costs of components and materials. On 1 April we increased prices on a select number of items. We aren’t planning a further increase yet and will still do all we can to absorb ever increasing manufacturing costs. It’s hard to predict the future and would be foolish of me to try. Any company that sources materials in such a volatile market, especially those committed to using the finest materials, needs a degree of flexibility on future pricing. We stay true to offering the finest products whose value should be measured by their quality and longevity.’ (via AP)
Leica already had price increases in the US and Japan:
