Quote Originally Posted by ilima View Post
How much do you think these prices reflect actual costs vs. jacking up the prices because of increasing demand? 30% increases seem like jacked-up pricing to me, at least in part.
My guess is that this "part" is quite low.

Commodities have gone up big time recently. As others pointed out, bikes are made of energy-intensive materials (steel, aluminum) and require transportation from far away (or high labour costs if they are made nearby). Energy certainly has gone up 30% in the last 12-18 months... Demand is part of the equation, but only a small part I am sure.