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Release: Producer Price Index, October 2011

Released: 11 November 2011 Next edition: 09 December 2011

Contact

Kevin Buckthought

Prices

ppi@ons.gsi.gov.uk

Telephone: +44 (0)1633 456628

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 and GB

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

  • In the year to October 2011 the output price index for home sales of manufactured products rose 5.7 per cent.

  • Between September and October the output index for home sales of manufactured products was unchanged.

  • In the year to October 2011 the output price index excluding food, beverages, tobacco & petroleum rose 3.4 per cent.

  • In the year to October 2011 the total input price index rose by 14.1 per cent. This is the lowest annual rate since December 2010, when the index rose 13.1 per cent.

  • Between September and October the total input price index fell 0.8 per cent.

The Producer Price Index (PPI) are a series of economic indicators which measure the price movement of goods bought and sold by UK manufacturers. Often called 'factory gate prices' they are published monthly.

Input PPIs measure changes in the prices of materials and fuel bought by manufacturers for processing. These are not limited to just those materials used in the final product, but also include what is required by the company in its normal day to day running.

The output PPIs indicate changes in the prices that manufacturers charge for goods at the time of order.

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.