Prices Soar As Bosses Start to Feel the Pinch ; Manufacturers Hit by Rising Costs and Falling Demand
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Summary
SMALL and medium-sized manufacturers have dramatically raised prices this year because of increased energy and raw materials costs against a background of slowing demand for their goods.
More than half of manufacturing firms saw unit costs rise in the first three months of this year, according to research by the Confederation of British Industry.See the full content of this document
Extract
Prices Soar As Bosses Start to Feel the Pinch ; Manufacturers Hit by Rising Costs and Falling Demand
The CBI estimates this represents the biggest price rise in 20 years, w...
See the full content of this document
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