News that luxury Rolex replica watches increased prices by up to 7% in the UK on September 1 should come as a surprise to nobody. Inflation across the world is soaring, affecting everything from energy prices to wages and material costs. Plus the UK pound is tanking against the Swiss franc, driving up import prices; and against the US dollar, creating a pricing differential between key markets so it is cheaper to buy in Britain compared to the United States or any other country with its currency pegged to or tracking the dollar, which includes oil-rich Middle Eastern states. In light of…