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Input price inflation hit a five-year high.
"It also indicated substantial input price pressure, with firms enjoying some success at passing increases along".
However, input price inflation increased from 1.3% in May to 2.1%.
The input price subindex fell to 40.1 in April, its lowest in at least four years.
So there is no room to absorb input price pressures and costs will need to be passed on.
On the contrary, plot quality, input price, and oxen ownership are reducing the opportunity costs.
Similar(6)
Input prices rose 1.1 percent last month, roughly twice the expected amount.
Meanwhile, relatively muted input prices are helping eurozone manufacturers to price competitively.
Cranswick continues to perform well despite the increase in input prices.
No business, investor or government likes increasing volatility in its input prices.
Input prices fell further than at any time since December 2008, falling 2.5% compared to the 1.3% forecast.
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