Manufacturers warn of margin squeeze, call for action on power prices

Engineering News | 12 February 2013.

South African manufacturers have again warned that they are facing a serious margin squeeze, owing to their limited ability to pass on surging input costs and have called on government to prioritise policies that could place them on a more competitive footing.

More than half of the 61 respondents to the Manufacturing Circle’s latest business conditions survey reported input-cost increases of between 6% and 15% during the fourth quarter of 2012, with some respondents reporting that their input costs had risen by more than 15% during the period…

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