Home Breaking News Morrisons: Driver shortage will drive up prices

Morrisons: Driver shortage will drive up prices

by LLB Editor
9th Sep 21 10:46 am

Morrisons today said that the ongoing driver shortage and higher freight charges could lead to higher prices.

“We expect some industry-wide retail price inflation during the second half, driven by sustained recent commodity price increases and freight inflation, and the current shortage of HGV drivers,” it said.

“We will seek to mitigate these and other potential cost increases, such as any incurred to maintain good on-shelf availability.”

Chairman Andrew Higginson said the whole Morrisons team had shown “commendable resilience facing into a variety of continuing challenges during the first half, including the ongoing pandemic, disruption at some of our partner suppliers and the impact on our supply chain of HGV driver shortages”.

“As we approach our busiest time of year, I’m confident the team will continue to rise to all challenges and keep up all the good work to improve the shopping trip for customers,” he added.

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