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Summary: Producer Price Index, August 2012

Released: 07 September 2012 Download PDF

Output prices

Output prices 12 months percentage change: materials & fuels purchased and excluding food, beverages, tobacco & petroleum industries, August 2012
Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics

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Output price ‘factory gate’ annual inflation for all manufactured products rose 2.2 per cent in the year to August 2012, compared with a rise of 1.8 per cent in the year to July 2012.

Month on month the output price measure for all manufactured products rose 0.5 per cent between July and August.

The ‘narrow’ output price measure, which leaves out volatile sectors, rose 1.2 per cent in the year to August 2012.

Input prices (materials & fuel) manufacturing industry

Input prices (materials & fuel) purchased and excluding food, beverages, tobacco & petroleum industries: 12 months percentage change, August 2012
Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics

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Input price annual inflation rose 1.4 per cent in August 2012, compared with a fall of 2.4 per cent in the year to July 2012.

Month on month, the input price measure of UK manufacturers’ materials and fuels rose 2.0 per cent between July and August.

The ‘narrow’ input price measure fell 0.4 per cent in the year to August 2012. In seasonally adjusted terms the index rose 1.0 per cent between July and August.

Source: Office for National Statistics

Background notes

  1. 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.

  2. 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).

  3. The figures shown are not seasonally adjusted unless otherwise specified.

  4. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk

    The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Practice for Official Statistics.

    Designation can be broadly interpreted to mean that the statistics:

    • meet identified user needs;
    • are well explained and readily accessible;
    • are produced according to sound methods; and
    • are managed impartially and objectively in the public interest.

    Once statistics have been designated as National Statistics it is a statutory requirement that the Code of Practice shall continue to be observed.

Further information

Producer Price Index, August 2012 - A comprehensive selection of data on input and output index series. Contains producer price indices of materials and fuels purchased and output of manufacturing industry by broad sector.
Pre-release Access List: Producer Price Index, August 2012 (Pdf 82Kb) - The phrase 'Pre-release Access' refers to the practice whereby official statistics in their near final form, and any accompanying written commentary, are made available to an eligible person in advance of their publication. The rules and principles which govern pre-release access are featured within the Pre-release Access to Official Statistics Order 2008
Producer Price Index (PPI) User Guidance and Methodology - Collection of documents containing guidance on Producer Price Index (PPI) statistics
Producer Price Indices Publication Dates to Change - The Office for National Statistics (ONS) intends to push back the publication of its Producer Price Index Statistical Bulletin, following an internal quality assurance review. From the September data release, which will be published on 16 October 2012, the Producer Price Indices releases will be published at the same time as the Consumer Price Indices and House Price Indices.


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