The CBI has announced record growth in the costs faced by small- and medium-sized manufacturers, which is resulting in domestic price rises as the firms attempt to limit the profit margin squeeze.
A balance of +62 per cent of respondents to the CBI’s latest survey reported average unit cost rises during the three months to July – the strongest result since the survey began in April 1994. The survey also showed a balance of +20 per cent of firms to have made domestic prices raises over the…
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