INTARCON price list update 2021INTARCON
Over the past year, the COVID-19 pandemic has wreaked unprecedented havoc on global and national economies. In recent months, as a post pandemic effect in the midst of the crisis exit, we have been faced with an unpredictable upturn in inflation.
In Spain, the UK and other European countries CPI rose by nearly 2% last month. Current forecasts suggest that inflation could exceed 3% in Europe in the coming months, eroding the purchasing power of companies.
Industrial price indices show even more aggressive growth, exacerbated by the global shortage of raw materials. Consequently, our suppliers of steel, copper and components in the refrigeration sector have already implemented significant price increases and longer lead times for the coming months.
In such circumstances, we are forced to revise our price list by applying a global update of 4.5% increase, which we hope will allow us to partially compensate for the material cost overruns on our products. This update will be applied to the current public price list for all orders as of 1 July.
Notwithstanding the current situation, we at INTARCON strive to continue serving you as we have been doing so far, trying to maintain our delivery times, thanks to a large stock of components and a continuous product engineering to compensate for breaks in the supply chain.
Thanking you for your understanding and in the certainty of continuing to count on your trust, we remain at your disposal for any further information you may need.
José María Raya Portero
General Manager INTARCON SL