As above gang, has my local retailer chain reduced prices themselves or is it a global thing?

Example:

a FR HSS strat im gassing for has been reduced from $1699 to $1399 NZD.

Has anyone else noticed this?

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Musicians friend was selling mim strats and teles for 400 about 2 years ago when i got mine. Then suddenly the price jumped to 550 (this is us dollars im talking btw) but then dropped back down to 499.

There is some fluctuation but all things considered Fenders were probably underpriced for a longtime and it is a luxury item.

Gibson also raised their prices sometime in the same period.

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My lot:
2003 white/white Fender Strat mim
2007 natural ibanez af 105 hollow body
1991 ibanez 12 string acoustic
roland micro cube amp