GHP Newsletter | March 2022
12% Exercise Books Increase – 01 April 2022
From 01 April 2022, we will be increasing our exercise books prices by 12%.
This comes following another price increase from our main supplier, Victor Stationery. The RHINO manufacturer has also warned of further price increases and extended lead times in the coming months.
The increase is primarily due to record gas prices contributing to high manufacturing costs within the paper industry. We initially planned to absorb these new costs until 30 April 2022. However, we have now been informed by Victor Stationery that all our on-order goods will invoiced upon delivery at the +12% April prices, meaning we must implement this increase on 01 April 2022.
Our March catalogue comes into effect tomorrow—01 March 2022—and you will receive your April 2022 catalogue shortly.
The market continues to be extremely challenging, and we expect further price increase across our supplier base in the coming months. We may also experience shortages of certain items as we approach our peak trading months of April to September. Therefore, we recommend that you review your requirements and if possible forward order goods to guarantee availability.