Output price 'factory gate' annual inflation for all manufactured products rose 2.0% in the year to January 2013, compared with a rise of 2.2% in the year to December 2012.
Month on month the output price measure for all manufactured products rose 0.2% between December 2012 and January 2013, up from a fall of 0.1% between November and December.
The 'narrow' output price measure, which leaves out volatile sectors, rose 1.4%, similar to the rise of 1.5% in the year to December 2012.
Input price annual inflation rose 1.8% in the year to January 2013, up from a rise of 0.5% in the year to December 2012.
Month on month, the input price measure of UK manufacturers’ materials and fuels rose 1.3% between December 2012 and January 2013, compared with no movement between November and December.
The ‘narrow’ input price measure rose 0.6% in the year to January 2013. In seasonally adjusted terms there was a rise of 0.4% between November and December.
Source: Office for National Statistics
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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