Manufacturing output edges up amid concerns over costs
Manufacturers continued to increase output last month, but the latest snapshot of the sector pointed to a slight easing of activity and firms flagged up concerns over potentially inflationary cost pressures.
The Markit/CIPS Purchasing Managers' Index, where any figure above 50 signals growth, fell slightly to 56.7 in September. August's 57.1 reading was the highest in two years. "This could be a blip in an... upward sloping trend. Recoveries are seldom a straight-line affair," said Alan Clarke of Scotia Bank.
Input and output prices also rose. "This has in part been caused by shipping delays... signalling the sector could be hit with further input price rises," said CIPS chief executive David Noble.
- 1 Scientists create transparent mouse complete with see-through organs
- 2 Pope Francis issues top 10 tips for happiness
- 3 Disney heiress Abigail disowns her share of family profits in West Bank company
- 4 Israel's propaganda machine is finally starting to misfire
- 5 Amazonian Indian tribe filmed making contact with Brazil village in rare video footage
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
A new Russian revolution: The cracks are starting to appear in Putin’s Kremlin power bloc
- < Previous
- Next >
iJobs Money & Business
£300 - £350 per day: Orgtel: Financial Analyst, Forecasting, Halifax, Banking,...
£500 per day: Orgtel: Business Architect - Banking - Bristol - £500 per day A...
£200 - £500 per day + competitive: Orgtel: I am currently working on a large p...
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...