Canon raising lens prices

Due to the ongoing pandemic and manufacturing challenges, Canon USA has increased pricing on select RF and EF mount lenses. Some dealers may still be selling these items at the previous prices until they deplete their stock purchased in the past.

RF 24-105mm F4 L IS USM now $1299.00 — a $200 increase
RF 70-200mm f/4L IS USM now $1799.00 — a $200 increase
RF 100-500mm F4-7.1L IS USM now $2899.00 — a $100 increase
RF 600mm F11 IS STM now $799.00 — a $100 increase
RF 800mm F11 DO IS STM now $999.00 — a $100 increase
EF 16-35mm f/4L IS USM now $1299.00 — a $200 increase
EF 24-105mm f/4L IS II USM now $1299.00 — a $200 increase
EF 35mm f/1.4L II now $1999.00 — a $200 increase
EF 70-200mm f/4L IS II USM now $1499.00 — a $200 increase
EF 85mm f/1.8 USM now $499.00 — a $80 increase
EF 200-400mm f/4L IS USM Extender 1.4x now $11999.00 — a $1000 increase

Just checked historical exchange rate between JPY and USD, and currently the exchange is about mid-range of the past 5-6 years, so the increase is not motivated by currency fluctuations in Canon Japan's expectations of JPY generated by Canon USA. Perhaps it is cost of goods inflation caused by wild inflation of the past year, which affects everything.

The cost of shipping worldwide has increased markedly in the last year.

Nikon prices headed up as well. See https://www.techradar.​com …-get-a-lot-more-expensive.

Glad I got my 100-500 before the first price hike. Turns out I now saved $200! LOL