Inventory stockpiling hits record, survey finds

Manufacturers efforts to build safety stocks ahead of Brexit have resulted in survey-record increases in inventories of both purchases and finished products, according to the IHS Markit/CIPS Purchasing Managers’ Index. The index rose to a 13-month high of 55.1 in March as manufacturers stepped up production to build-up inventories in advance of Brexit and also … Continue reading Inventory stockpiling hits record, survey finds