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BRC makes statement on inflationary pressure

Published: 14 October 2016

The chief executive officer of the British Retail Consortium, Helen Dickinson, has made the following statement in reaction to the "inflationary pressure in the supply chain" as a result of the pound's devaluation.

"Retailers are firmly on the side of consumers in negotiating with suppliers and improving efficiencies in the supply chain to control the inflationary pressure that is building through the devaluation of the pound.

The devaluation of the pound has added pressure to the supply chain
The devaluation of the pound has added pressure to the supply chain

"However, years of falling shop prices and higher costs have left limited scope for retailers to continue absorbing this pressure, and everyone in the supply chain will need to play their part in maintaining low prices for consumers.”

It comes following the emerging dispute between Tesco and Unilever regarding the former's heightened price for goods.

Have you had any disputes with suppliers in relation to the pound's devaluation? Tell us in the comment section below, or get in touch with the team here.

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