Producer Prices
Factory gate inflation rises 3.8 per cent
These are graphs showing the Producer Prices indices
Output price ‘factory gate’ annual inflation for all manufactured products rose 3.8 per cent in January. Input price annual inflation rose 8.4 per cent in January compared to a rise of 7.4 per cent in December.
Month on month the output prices measure for all manufactured products rose 0.4 per cent in January, mainly reflecting price rises in petroleum products, other manufactured products and tobacco and alcohol. The index excluding excise duties rose 0.3 per cent between December and January.
The ‘narrow’ output prices measure, which leaves out volatile sectors, showed an annual increase of 2.5 per cent.
Month on month, the input prices measure of UK manufacturers’ materials and fuels rose 2.0 per cent. The rise in the input index between December and January mainly reflected a rise in the price of crude oil, and to a lesser extent fuels (inc CCL) and imported parts and equipment.
The ‘narrow’ input prices measure rose 1.8 per cent in the year to January. In seasonally adjusted terms the index rose 0.7 per cent between December and January.
Footnotes:
Producer Price Indices monitor the price changes of goods bought and sold by UK manufacturers. Input prices are prices of materials and fuels bought and output prices, also known as ‘factory gate prices’, are prices at which goods are sold.
As well as output and input price indices, results are shown for ‘narrow’ indices, which are a subset which exclude more seasonal and erratic items (food, drink, tobacco and petroleum).
The figures shown are not seasonally adjusted unless otherwise specified.
Notes:
Producer Price Indices monitor the price changes of goods bought and sold by UK manufacturers. Input prices are prices of materials and fuels bought and output prices, also known as ‘factory gate prices’, are prices at which goods are sold.
As well as output and input price indices, results are shown for ‘narrow’ indices, which are a subset which exclude more seasonal and erratic items (food, drink, tobacco and petroleum).
The figures shown are not seasonally adjusted unless otherwise specified.
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Producer Prices