UK: Manufacturing costs hit 17-year high

The pressures of high commodity prices and a weakening currency hit UK manufacturers in March, with output prices rising to a 17-year high and cost inflation reaching the highest levels on record.

Data released on Monday by the Office for National Statistics said annual inflation in factory gate prices rose from 5.9 per cent in February to 6.2 per cent in March, above forecasts and the highest since 1991.
Financial Times