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Manufacturing PMI rose from 55.3 in February to 56.4 in March at a three-month high boosted by faster expansions in new orders and output amid demand resilience and easing of cost pressures
Cost inflation pressures continued to moderate with around 96% of those surveyed pointing to no change in cost burdens since February.
Been passing on price increases of that same magnitude. but, certainly, andrew bailey is not the first central banker to rule about this. —— warn about this. the president of the european central bank has also confirmed that they should share the burden of inflation and not bump their margins. and if you look at the farmers, for example, they have certainly been sharing the burden over the past year because output prices have been lower than input prices until about january. so they said they are facing an existential crisis. this is not happening at every point of production. mil this is ...
Field vegetable production to fall 7% this year – Teagasc 2023-03-20
Feed, fertiliser and energy costs rise over 20% year on year 2023-03-13