Factory Prices Hit Nine-Year High ; in Association with Business Venture
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Summary
THE chances of a back-to-back cut in interest rates receded yesterday after data revealed factory prices rose at their fastest rate for at least nine years.
The Chartered Institute of Purchasing and Supply (CIPS) said rising costs pushed its reading on manufacturers' output inflation to 61.9 last month, the highest since records began in 1999. A figure above 50 represents growth.See the full content of this document
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Factory Prices Hit Nine-Year High ; in Association with Business Venture
The rate of increase in ...
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