Kodak are set to raise the prices of their digital cameras and printers by up to 20%, according to The Guardian newspaper. Blaming soaring raw material costs, Chief Exec Antonio Perez claimed that the rest of the industry would follow suit sooner rather than later. Kodk are blaming the rising costs of aluminium, silver, oil and transport, commenting that “manufacturers had held off raising consumer product prices for some time but raw material costs were now so high that these had become inevitable”.

Website: The Guardian - Kodak warns of 20% increase in camera and printer prices

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