Britain’s factories are struggling to meet the record demand for their goods as severe supply constraints put a brake on production lines, the latest snapshot of industry has shown.
The CBI said manufacturers were running down their stocks of finished goods to meet the strongest order books since records began in 1977.
In its monthly health check, the employers’ organisation expressed concern that the increase in demand was being accompanied by heightened inflationary pressure. Availability of finished goods was the weakest since 1977, while expectations of future price increases were at their highest.
Almost half (46%) of firms said order books were above normal, while 20% said they were below normal. Export order books were at their
Read more on theguardian.com