Showing posts with label leather. Show all posts
Showing posts with label leather. Show all posts

Friday, 5 August 2011

Factory Gate Prices Up 5.9%

The output price index for UK manufactured goods according to the ONS producer price index bulletin for July 2011 increased by 5.9% over the year compared with 5.7% last month. The index for July compared with June rose by 0.2% mainly due to price rises in food and clothing, textiles and leather goods.

The output price index excluding volatile products like food and beverages rose 3.3%. The index excluding excise duty rose 6%.

Input prices rose by 18.5%. Manufacturing excluding food and beverages rose 13.1% over the year to July. Between June and July the total index increased by 0.6% mainly due to price increases for crude oil and other imported materials. The total price of imported materials rose by 1.3% between June and July.

Thursday, 11 November 2010

Pricen Rises For Producers In October

Output prices for home sales of manufactured goods rose 4% in the year to October and 0.6% over the month. Input prices for materials and fuels for manufacturing rose by 8% in the year to October and 2.1% over the month.

On the output side, petroleum products increased by 10.6% and chemicals and pharmaceuticals by 6% over the year while clothing, textiles and leather increased by only 1.4%. Within the inputs imported metals increased by 20.5% and crude oil increased by 16.2%. Fuel fell by 4.8% over the year to October.

Friday, 25 June 2010

High Street Hopes For World Cup Recovery

Retail sales again fell slowly in June according to the Distributive Trades Survey for June from the CBI. The results are still better than expected and an improvement on May. The decline was led by a sharp fall in footwear and then leather and hardware, china and DIY. It is hoped that the World Cup will have a beneficial effect in the July survey.

Friday, 18 December 2009

High Street Building Up To Christmas

The CBI report retailers are enjoying an early build up to Christmas with the third successive month of growth in sales. The Distributive Trades survey suggests sales have grown over last year and could grow still more before the end of the month. Sales for the time of year are below seasonal norms and described as poor by some retailers.

Stock levels remain almost unchanged from November but the volume of orders rose again but at a slower rate than expected. Orders are expected to flatten in the New Year, as are sales.

The highest rates of growth were in the grocery, durable household goods, footwear and leather and furniture and carpets. Booksellers and stationers saw a reversal of their recent growth and there was a fall in sales at the chemists.

Industrial materials reported an change for the better as fourteen months of falling sales ended with a flat month. Clothing, textiles and footwear wholesalers saw their best sales growth since 2004.

There was a second month of growth for motor traders who expect that to contiue into the New Year due to the scrappage scheme. Sales for the month were said to be above average.

Tuesday, 8 December 2009

Falls In Manufacturing Output In October

Another survey from the ONS reports that manufacturing output has fallen in the three months to October by 0.5%. Between September and October manufacturing output did not significantly change.

There were falls in 12 of the 13 manufacturing sub-sectors including food, drink and tobacco, fuels, chemicals and metals, wood and wood products, pulp, paper, printing and publishing. There were significant rises in textiles, leather and clothing, transport equipment, electrical and optical and 'other' manufacturing. Manufacturing output is now 9.9% lower than the same quarter last year.

The index of production fell by 8.4% in October compared with October 2008. The index of manufacturing fell by 7.8% over the same period. The largest falls in manufacturing were in machinery and equipment at 17.8% and the base metals and metal products sector at 15.7%.

Tuesday, 29 September 2009

Retail Beginning To Stabilise

The latest CBI distributive trades’ monthly survey, for September, suggests that retail conditions are beginning to stabilise. Sales are basically unchanged on the year to September and expected to remain so in October. A slight majority of retailer respondents to the survey reported sales volumes had risen over the year.

The results are better than expected following months of falling sales. Volumes of orders fell slightly but the three month moving average fall is slowing down. Retailers are keeping stocks low but are more than adequate to meet demand.

The sectors contributing to the overall figures include grocers, footwear and leather goods reporting good year-on-year results. All other sectors are falling, but the pace is slowing for clothing and furniture and carpets. Wholesale is ‘flat’ but are expected to fall next month. Food and drink, clothing, footwear and textiles reported the strongest growth. The hardest hit were industrial materials, builders’ merchants and electrical installation materials. Motor traders sale volumes were more or less unchanged in due partly to the scrappage scheme. They had been expected to grow in the year to September and are expected to fall next month.

Thursday, 30 July 2009

Difficult Summer For Shops

The CBI tell us that shops are still having a bad time in the High Street as retail falls again for the third month in a row. Their forecast for August is no better. The results are mitigated by saying that the fall is no greater than the rises we saw in May and June and a lot better than the falls between July 2008 and March 2009. That's better than expected by a lot of people.

Sales volumes are down but not as much as expected. Stocks are adequate to meet demand even though they are below average for the thrid succesive month. Orders fell again and the outlook for all of these figures is more of the same in August.

When looking at the individual sectors, grocers are seeing strong growth, as are footwear and leather with its best result since August 2007. Hardware, china & DIY, and furniture & carpets are reported falls while household durables fall is slower than last year. Wholesalers sales volumes fell in the year to July. In particular it was a difficult month for industrial materials and builders' merchants wholesalers. Food and drink wholesalers however reported another month of strong growth.