Prices for raw materials and crucial inputs used by British manufacturers accelerated at the fastest pace since
The fiery cost increases are being driven by supply chains buckling under the weight of red hot demand from manufacturers generating severe mismatches between supply and demand.
A shortage in the raw materials market is "exerting massive upwards pressure on input" prices and pushing firms' costs "relentlessly" higher, warned
Despite firms struggling to find materials to produce goods,
(c) 2021 City A.M., source