The latest look at materials and energy costs shows that manufacturers' input prices are still through the roof - partly because gas is 60% up on this time last year …
Key trends
(up) Consumer price inflation in line with government target but expected to rise in the near term
(no change) Manufacturers' input prices still registering double-digit inflation
(down) Electricity and gas prices show seasonal decline but still 50% higher over the year
(no change) Manufacturers' output prices show little sign of closing the gap with input prices
(up) Construction materials prices on rising trend at the start of the year
(up) Surging copper prices help to drive mechanical services materials prices up
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