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External Changes Market Fluctuations in the current Quarter 2 : The nursery market has witnessed an increase in consumer spending on plants for their homes
External Changes Market Fluctuations in the current Quarter 2 : The nursery market has witnessed an increase in consumer spending on plants for their homes and businesses with a general sales increase of 20% across the industry. Fuel and transport costs have risen throughout the country. This has been due to the oil crisis that have recently hit the world economy due to the Ukraine/Russia conflict. This increase in fuel costs will also cascade in the cost of raw materials being transported throughout the country and, therefore, not only impacting the consumer transport but production transports as well. The current average increase in freight costs has been 18%. Internal changes in the current Quarter 2 : Your main supplier (cost of sales) has increased their prices by 13% from 52% to 65%. At the moment, you are bound to deal with this supplier and absorb the cost until you find another supplier. There has also been a number of Managers leave the nursery recently resulting in a fall in the wages payable of 23%. This is not expected to be resolved until we can begin recruiting again in a few months which won't be until at
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