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Summary of Producer Price Index, October 2011

Released: 11 November 2011 Download PDF

Output prices

Output prices 12 months percentage change: materials & fuels purchased and excluding food, beverages, tobacco & petroleum industries - October 2011
Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics

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Output price ‘factory gate’ annual inflation for all manufactured products rose 5.7 per cent in the year to October 2011.

Month on month the output price measure for all manufactured products was unchanged between September and October.

The ‘narrow’ output price measure, which leaves out volatile sectors, showed an annual rise of 3.4 per cent.

 

Input prices (materials & fuel) manufacturing industry

Input prices (materials & fuel) purchased and excluding food, beverages, tobacco & petroleum industries: 12 months percentage change - October 2011
Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics

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Input price annual inflation rose 14.1 per cent in October, compared with a rise of 17.7 per cent in the year to September.

Month on month, the input price measure of UK manufacturers’ materials and fuels fell 0.8 per cent in October.

The ‘narrow’ input price measure rose 10.5 per cent in the year to October. In seasonally adjusted terms the index fell 0.5 per cent between September and October.

Source: Office for National Statistics

Background notes

  1. 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.

  2. 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).
  3. The figures shown are not seasonally adjusted unless otherwise specified.

  4. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk

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

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