(Grant Thornton: Chicago) -- In a national survey of U.S. manufacturing chief financial officers (CFOs) and senior controllers conducted by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd., there are serious concerns about inflation. According to the survey, 66 percent of respondents say that their company intends to raise the sales price for their goods during the next six months, up from 35 percent six months earlier.

“This was to be expected, given the increase in commodity raw material costs experienced by most manufacturers over the last 12 months,” says Wally Gruenes, Grant Thornton’s national managing partner for consumer and industrial products. “With the precipitous increase in these commodity prices in recent months, manufacturers have no choice but to pass along such increases to their customers.

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