It’s the second set of price rises this year, and it’s being announced at the same time as a 67% loss of profit in their camera division.

Nikon have also raised their prices once this year (My D700 currently costs £150 more than I paid for it in early December). Canon have promised to monitor the exchange rates on a monthly basis and react accordingly.

You can’t help but think that market conditions will dictate and that prices of the mass-market cameras will drop sooner rather than later. I’ve also noticed a knock on effect on used prices – I spotted a Nikon AF-S 70-200 f/2.8 VR lens arrive on the Mifsuds second hand page priced at £1149, the cost of the lens brand new only last month.