Partner Article
Manufacturing output rises amid factory gate inflation
Manufacturing output rose by 2.3% in the year up to February, while the overall price of materials and fuels bought by the industry by 2.5%.
Between January and February the price of input materials went up by 3.2% in comparison with 1.3% between December and January.
The cost of goods leaving factories, excluding foods, tobacco and petroleum, rose by 1.3%, while the biggest rises were seen in tobacco and alcohol at 6.2%, and food products and computer equipment both increased by 3.4%.
Between January and February factory gate price went up by 0.8%, compared with a rise of 0.2% the previous month.
This was posted in Bdaily's Members' News section by Miranda Dobson .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome