The CBI's monthly index of manufacturers' average selling price expectations slowed to +19 in June from +21 in May, its lowest in more than two years but well above its long-run average of +7.
The CBI's measure of output over the next three months improved to +4 from -5.
The survey was based on responses from 233 manufacturers between May 25 and June 13.
LONDON DAILY ARCHIVE
British Manufacturers Expect Smallest Price Increase in Over Two Years
The Confederation of British Industry (CBI) reported that British manufacturers expect to raise prices by the smallest amount since February 2021 over the next three months.
21 June 2023 · 19:29 UTC
