Surprising rebound in UK manufacturing

Good news for the UK manufacturing sector. Output expanded in January at the fastest rate since March 2011. There was an increase in new orders together with a stabilisation in employment. Also, average input prices fell for the third month running causing an easing in the cost pressures which had been facing the sector. These findings are from the Markit/CIPS … Continue reading

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Inflation continues to climb

CPI annual inflation was 4.0% in January, rising from 3.7% in December, according to figures released by the ONS today. The ONS said that: “Two of the main factors that had an impact on the January data are the increase in the standard rate of Value Added Tax (VAT) to 20 per cent and the continued increase in the price … Continue reading

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Continued rise in UK producer prices

Output price inflation rose to 4.2% in December 2010 according to the Office for National Statistics.  This is sometimes referred to as ‘factory gate’ annual inflation, and measures the output prices that manufacturers sell their products at. The rise on the month was 0.5% which is considered quite significant. At the same time, input price annual inflation rose by 12.5% … Continue reading

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Producer prices continue to moderate in UK

Producer prices are measured in two ways. Firstly, there are input prices which is a measure of those intermediate goods and raw materials which manufacturers need to produce their finished products. And secondly, output prices or ‘factory gate inflation’ which measures the price of finished goods as they leave the factory. In August, figures just published by the Office for … Continue reading

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