Pricing Behaviour in the Engineering Industry

W. A. H. Godley and C. Gillion

National Institute Economic Review, 1964, vol. 28, 50-52

Abstract: A memorandum recently submitted by the Purchasing Officers Association to the National Incomes Commission reports that there have recently been many increases (averaging 4-5 per cent) in the prices of engineering products, and suggests that many of these were not justified by changes in costs. Similar reports and conclusions have appeared in the press.

Date: 1964
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