Output price 'factory gate' annual inflation for all manufactured products rose 2.0% in the year to March, compared with a rise of 2.3% in the year to February.
Month on month the output price measure for all manufactured products rose 0.3% between February and March, down from a rise of 0.8% between January and February.
The 'narrow' output price measure, which leaves out volatile sectors, rose 1.3% in the year to March, the same movement in the year to February.
Input price annual inflation rose 0.4% in the year to March, down from a rise of 2.1% in the year to February.
Month on month, the input price measure of UK manufacturers’ materials and fuels fell 0.1% between February and March, compared with a rise of 2.8% between January and February.
The ‘narrow’ input price measure rose 1.6% in the year to March. In seasonally adjusted terms there was a fall of 0.4% between February and March.
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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