After the SNB decision Patek Philippe has decided to change the retail prices of its products as follows …
Switzerland: decrease by 5 %
EUR countries: increase by 7 %
Great Britain: unchanged
Asia-Pacific: decrease by 3 % ( 7% in Hong Kong)
Japan: increase by 5 %
Americas: decrease by 7 %
This is in my eyes a logical and necessary step to do so. Rolex also reacted by increase the prices by 7 % in the EUR countries and many, many others will now follow. As far as I know prices in the EUR countries will go up mostly by 7 %. To decrease prices in other markets would be a correct reaction, but I am not sure if all companies act as Patek Philippe does.
I´ll keep you updated!