Article 2DADK Made in the UK goods could cost more as import prices rise

Made in the UK goods could cost more as import prices rise

by
Phillip Inman
from on (#2DADK)

CBI finds manufacturers' concerns about inflation at highest levels in six years despite total orders hitting two-year high

Britain's manufacturers fear the rising cost of raw materials will soon dent a robust recovery since the Brexit vote that has included total orders hitting a two-year high.

A survey of the sector found suggested that concerns over inflation were at their highest level for six years as firms said the weak pound was increasing the cost of imports, forcing them to raise prices or accept a severe squeeze on profits.

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