Originally Posted by
Steamer
I think the rapidly rising standard of living in countries that produce bike stuff is making the cost of such things higher here. 65-70% of the price your shop charges for a bike is the price they pay the manufacturer. Much of that cost is the actual cost of production. Much of the cost of production is the labor rate in the country of manufacture.
Yes, that is correct. What you are describing is rising living standards and rising
real wages -- not inflation.