Inflation risk dents 15-year factory high

first_img whatsapp Thursday 17 February 2011 7:56 pm KCS-content More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comColin Kaepernick to publish book on abolishing the policethegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULL OVERSEAS demand for British factory goods shot up this month at its highest rate since July 1995, the Confederation of British Industry (CBI) said yesterday.However, the CBI’s monthly trends enquiry also became the latest business survey to expose spiralling price pressures in the UK.The balance of manufacturers expecting price hikes for their domestic customers reached its “third highest monthly reading of the last 20 years,” according to Michael Saunders of Citigroup.“And this is the highest February reading for price expectations since 1989,” Saunders said. The survey, which asks manufacturers how their prices will change in the coming three months, has been a strong guide to future inflation trends, Saunders argued. “The message from this survey, and other lead guides, is that the UK faces an extended inflation overshoot,” he warned.The expected upturn in factory prices is “due to manufacturers looking to protect their margins as their input costs rise strongly,” said Howard Archer of IHS Global Insight.However, the survey provides reassurance that manufacturing, the UK’s “star performer,” remains “in good shape,” Archer added.Factories’ total order books bounced back from a disappointing score last month. While eight per cent more respondents say order books are below normal than above normal, this is a significant improvement on January’s score of -16 per cent, and above the long term average of -18 per cent.The recovery prompted optimism among manufacturers, with a balance of 23 per cent predicting an increase in output over the next three months – the strongest anticipated growth since June 2007.“With expectations for output growth at their strongest since before the recession, the recovery in the manufacturing sector remains well on track,” said Ian McCafferty, chief economist at the CBI. “The sector should continue to make an important contribution to broader economic growth,” McCafferty said.“Exports are benefiting from the low pound and strengthening global growth,” Saunders added. whatsappcenter_img Inflation risk dents 15-year factory high Share Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comlast_img

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