Raw materials prices up

Raw materials prices for manufactured goods jumped by 4.5% in May, the fastest monthly rise since 1986, according to the Office for National Statistics. The rise, caused by higher oil prices and the weakening pound, has yet to feed into higher factory gate prices, up just 0.2% in the same period. Copyright: Centaur Communications Ltd. […]

Raw materials prices for manufactured goods jumped by 4.5% in May, the fastest monthly rise since 1986, according to the Office for National Statistics. The rise, caused by higher oil prices and the weakening pound, has yet to feed into higher factory gate prices, up just 0.2% in the same period.

Copyright: Centaur Communications Ltd. and licensors