The compact camera trend has brought a number of price hikes as demand exceeds supply, but a popular compact camera series has jumped in price due to the cost of raw materials. The Ricoh GR series, including the Ricoh GR IV and GR IIIx, has jumped in official list price in multiple regions.
Last month, Ricoh Japan announced that the list price of the popular series would increase in July due to a rise in raw materials and manufacturing costs. However, it wasn’t clear at the time if the announcement was meant only for Japan or if other regions would follow suit.
