Output price 'factory gate' annual inflation for all manufactured products rose 2.1% in the year to July, compared with a rise of 2.0% in the year to June.
Month on month the output price measure for all manufactured products rose 0.2% between June and July, compared with a rise of 0.1% between May and June.
The 'narrow' output price measure, which leaves out volatile sectors, rose 1.1% in the year to July, up from a rise of 0.9% in the year to June.
Input price annual inflation rose 5.0% in the year to July, up from with a rise of 4.0% in the year to June.
Month on month, the input price measure of UK manufacturers’ materials and fuels rose 1.1% between June and July, compared with a rise of 0.2% between May and June.
The ‘narrow’ input price measure rose 3.9% in the year to July. In seasonally adjusted terms there was a rise of 1.0% between June and July.
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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