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The latest suggestion that higher rates are on the way came yesterday from the National Association of Purchasing Management, which said in its monthly survey that manufacturing activity was continuing to grow and the price of raw materials was rising.
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Mr. Meier says he thinks they must — the cost of raw materials is rising.
The demand for green building materials is rising sharply, especially insulating materials from renewable resources.
Demand for building materials is rising, but there is little sign of the predicted post-tsunami construction boom, fuelled by government pledges of at least 19tn yen to "reshape" the battered coastline.
Where companies cannot change sizes — as in clothing or appliances — they have warned that prices will be going up, as the costs of cotton, energy, grain and other raw materials are rising.
"Prices for raw materials are rising again," Mr. Rogers told a meeting of the Executives' Club in Chicago on Jan . 13 "which will just stoke the inflationary pressures caused by money printing".
"Businesses also continue to report that the cost of imported raw materials are rising," he said.
The costs of some materials are rising, thanks in part to President Trump's trade war.
Prices for raw materials are rising at a slower pace than prices for finished goods, which economists say is also a good sign that the inflation is short-lived.
Along the mid-oceanic ridges, molten material is rising up, forming new rocks and pushing and pulling Earth's tectonic plates around.
Reality: Natural resource and materials prices are rising, and they are also volatile.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com