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20% increase in price for Fender as Of Feb 1st

I was in Sam Ash today with my boy.
I commented about the $1000 price tage on the Geddy and the salesman pointed out a poster on the wall laying out Fenders price increases as of Feb 1st.
On the whole it looks to be a 20% increase.
$1200 for a Geddy?
Come on!
 
There's one in my local GC for $899. It wasn't there a couple of weeks back so I'm assuming it is new and not old stock.

As for price increases maybe Fender are trying the Gibson trip. From what I heard Gibson put the prices up on certain models (I think mainly LPs) and sold more!
 

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