I've been noticing that around SE MI shops too. Even Joann's fabric has gone up a little.
That's why I've been buying a lot of my fabric at fabric.com. still good quality at a fair price.
I do have a LQS that offers 25% off for cuts at least 1/2 yard so shop there on a regular basis. She had to stop accepting credit cards though because their fees had gotten so ridiculous. That's the only way she could maintain the discount. She has a small shop behind her house but lots of nice fabrics so paying cash is ok with me.
Also, a good time to use up that stash.