Price inflation for goods being bought by manufacturers hit its highest rate for more than five years, and was at its fourth-highest since the survey began in 1992.
The downside of the weaker currency is becoming increasingly evident, however, with increased import prices leading to one of the steepest rises in purchasing costs in the near 25-year survey history.
On the positive side, the boost to competitiveness drove new export order inflows higher, providing a key support to output volumes.
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