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Supply chain crisis hammering consumer confidence, economic recovery and driving inflation to 10-year highs

October 11, 2021

Via: Charged
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The supply chain crisis is now impacting economic growth, business confidence, consumer confidence and inflation as reports emerge at a third or lorries on the roads are empty.

The UK’s ongoing supply chain crisis, which is affecting supply chains at every stage from transport to fulfilment, is beginning to have a far wider impact on the UK than empty shop shelves.

According to the latest figures from accountancy and business advisory firm BDO consumer price inflation hit a 10-year high in September.

“Ultimately, this could mean consumers end up paying more for less this winter,” BDO partner Kaley Crossthwaite said.

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