There's some of that. And some products/people are taking advantage of the current climate to raise prices to a profitable level whereas before stiff competition forced them to barely eck by. But there's alot of panic pricing as well. Cost of cheese goes up, you raise the price of pizza, the guy buying the pizza has to pay more for pizza and everything else so he has to raise his price of his plumbing service to compensate...and so on and so on.For my other stove, (a vermont castings Vigilant II coal stove - highly recommended btw) I bought a premade corner pad for about $300 roughly 7 years ago. The same pad is now over $650. I mean, I get inflation but sometimes I think companies just take advantage of it to raise their prices. "Well, inflation, pay up. "
Competition will drive this down as would affordable labor and automation.