Material Costs Blow for Manufacturers

Summary


A booming service sector in Birmingham contrasts sharply with manufacturers struggling against soaring raw material prices, a report reveals today.

According to the first economic survey of 2007 by Birmingham Chamber of Commerce and Industry, there are worrying signs for manufacturers as demand, mainly from China and India, pushes up the cost of raw materials.

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Extract


Material Costs Blow for Manufacturers

But the service sector, including lawyers, accountants, distributors, caterers, transport and communication firms, is enjoying increase...

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