Partner Article
Manufacturing output rises amid factory gate inflation
Manufacturing output rose by 2.3% in the year up to February, while the overall price of materials and fuels bought by the industry by 2.5%.
Between January and February the price of input materials went up by 3.2% in comparison with 1.3% between December and January.
The cost of goods leaving factories, excluding foods, tobacco and petroleum, rose by 1.3%, while the biggest rises were seen in tobacco and alcohol at 6.2%, and food products and computer equipment both increased by 3.4%.
Between January and February factory gate price went up by 0.8%, compared with a rise of 0.2% the previous month.
This was posted in Bdaily's Members' News section by Miranda Dobson .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East