Prices warn of rate rise

A higher than expected rise this week in the price of finished goods raised fears of further interest rate increases as a means to keep inflation in check. Producer prices for goods leaving factories usually regarded as an early warning signal of inflation within manufacturing industry rose 1.4% in September, against forecasts of 1.2%. Raw […]

A higher than expected rise this week in the price of finished goods raised fears of further interest rate increases as a means to keep inflation in check.

Producer prices for goods leaving factories usually regarded as an early warning signal of inflation within manufacturing industry rose 1.4% in September, against forecasts of 1.2%.

Raw materials costs fell by 7.8%, less than the forecast drop of 8.1%.