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UK manufacturing costs and selling prices accelerate in September

  • British manufacturers recorded faster cost and selling-price growth in September.
  • September marked the first acceleration in manufacturing prices in four months.
  • Bank of England policymakers are likely to monitor the renewed inflationary pressure.

British manufacturing costs and selling prices accelerated in September for the first time in four months, indicating a renewed buildup of inflationary pressure. The development is likely to draw close attention from policymakers at the Bank of England. The S&P Global UK Manufacturing Purchasing Managers' Index tracks conditions in the sector.

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