UK: Input price inflation jumps to its highest for just over three years amid a surge in manufacturing costs

From pmi.spglobal.com

UK private sector firms indicated a marked slowdown in business activity growth during March as the war in the Middle East had an adverse impact on customer demand, input prices and supply chains. Business activity expectations for the year ahead also eased considerably since February, with optimism the lowest since June 2025. March data signalled a rapid acceleration in cost pressures across the UK private sector, which was overwhelmingly linked to rising prices paid for fuel, transportation and energy-intensive raw materials. Manufacturers signalled the steepest rise in input costs since October 2022. Moreover, the ... (full story)