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Inflationary pressures ''continue to affect UK manufacturers''

27 April 2011
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Inflationary pressures ''continue to affect UK manufacturers''Manufacturing businesses in the UK are facing continuing and growing inflationary pressures, it has been claimed.

The Confederation of British Industry (CBI) asserted the sector's recovery is "firmly on track and looks set to continue", with expansion in both domestic and overseas markets.

According to the report, the rising price of raw materials is leading to businesses raising the price of products as costs are passed on to consumers.

The business organisation's Quarterly Industrial Trends Survey of 451 firms found a balance of plus 20 per cent of respondents witnessed an increase in output during the past quarter, with both domestic and export orders expected to grow over the coming three months.

Operations management and demand planning specialists may be interested in the fact that rapid restocking of raw materials, finished goods and work in progress has been seen in recent months, with investment intentions among manufacturers remaining strong.

The CBI has also warned that more needs to be done to increase the levels of green investment in the UK in order to protect jobs and the economic recovery. ADNFCR-3058-ID-800513084-ADNFCR
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