UK factory costs rising at fastest pace since 1980, CBI says

UK factory costs rising at fastest pace since 1980, CBI says - short news


Survey finds labour shortages driving ‘intense and escalating cost and price pressures’

Cost pressures for Britain’s factories are growing at their fastest pace since 1980 as companies struggle to find workers to meet growing demand, a leading business lobby group has said.

The CBI warned that higher manufactured goods prices were inevitable after its monthly healthcheck of industry showed labour shortages at their most acute in almost half a century.

Average costs..


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source: The Guardian - 25.01.2022

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