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Supermarkets

Morrisons warns of ‘industry-wide’ inflation as profits drop 37.1%

The supermarket chain attributed the expected hike in prices to recent commodity price increases and freight inflation, as well as the ongoing driver shortages

Morrisons has forecasted “industry-wide” price increases across the retail sector during the second half of FY22, as HGV driver issues continue to cause supply chain disruptions.

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