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Release: Producer Price Index, March 2014

Released: 15 April 2014 Next edition: 20 May 2014

Contact

Kat Pegler

Business Prices

ppi@ons.gsi.gov.uk

Telephone: +44 (0) 1633 456468

Categories: Economy, Prices, Output and Productivity, Price Indices and Inflation, Producer Price Indices

Frequency of release: Monthly

Language: English

Geographical coverage: UK

Geographical breakdown: UK

Survey name(s): Index Numbers of Producer Prices (PPI): Provision of Price Information

  • Annual output producer price inflation remained low in March, while the rate of input prices continued to fall.

  • The output price index for goods produced by UK manufacturers (factory gate prices), rose 0.5% in the year to March, compared with a rise of 0.6% in the year to February.
  • Factory gate prices rose 0.2% between February and March, compared with a rise of 0.1% between January and February.

  • Core factory gate prices, which exclude the more volatile food, beverages, tobacco & petroleum products, rose 1.0% in the year to March, compared with a rise of 1.1% in the year to February.

  • The overall price of materials and fuels bought by UK manufacturers for processing (total input prices), fell 6.5% in the year to March, compared with a fall of 5.8% in the year to February.

  • Total input prices fell 0.6% between February and March, compared with a fall of 0.5% between January and February.

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.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.