Pretty much of all our suppliers have raised prices 25 cents - 30 cents per yard this year. So you might expect that to translate into a 50-60 cent increase at the retail level. There may be additional increases later this year; all the manufacturers seem reluctant to say one way or another whether they are done raising prices this year.
Shops are probably not going to be able to absorb the price increase; as you all know, everyone gets squeezed from tax increases too, both individuals and businesses. Cautious shops will probably raise their prices just enough to cover their additional costs from the suppliers' price increases.