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Sharpest manufacturing price growth since 1976 - Monthly Industrial Trends Survey
UK manufacturing output growth picked up in the three months to February, but the balance of manufacturers expecting price rises in the next three months was at its highest since December 1976. That’s according to the latest monthly CBI Industrial Trends Survey, based on responses from 224 manufacturing firms. • The balance of manufacturers who expect price rises in the next three months rose to the highest since December 1976 (+77% in February 2022, +78% in December 1976). • Growth in output volumes accelerated in the three months to February compared with the same period one month earlier (+26% from +14%). ... (full story)