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The latest data from the ONS leads me to ponder why is it that the marked increase in activity I’m experiencing, is at odds with the fact that factory gate prices fell at their fastest level since 2001 last month, and input prices continued to rise?
June and July have been particularly busy for me with a number of international placements that will underpin a strong Q3 performance for the Manufacturing & Engineering practice. Sectors that have been particularly active include Chemicals and Packaging, against which, the precision engineers are still quiet in the main – as an aside, Interim Partners is looking at a record monthly performance for July.
How does this sit with the conflicting statistics for factory gate prices, and what does it mean looking forward to the year end and 2010?
