A rock and a hard place

Submitted by peter on Fri, 26/03/2010 - 19:30
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From the CBI monthly trends survey:

'Output prices are expected to rise among manufacturers over the next 3 months, despite signs that domestic orders remain muted and that output growth remains modest'.

Either manufacturers are kidding themselves about recovering price increases from their customers, in which case their profits will be worse than expected or have we got Stagflation coming? My company is not obtaining any price increases.

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