Producer Price Indices (PPIs) are a series of economic indicators that measure the price movement of goods bought and sold by UK manufacturers. It is a base weighted index working on the basket of goods concept. A wide range of representative products are selected and the prices of these goods collected each month. The movement in these prices are weighted to reflect the relative importance of the products in a chosen year (known as the base year) currently 2010. These are then aggregated for various sectors of industry to provide the published indices.
Currently ONS publish the Producer Price Indices separate to the Producer Price Index (PPI) statistical bulletin. To make access easier ONS will be moving all related datasets to the PPI statistical bulletin webpages. This will take effect with the next publication due to be released on 16 September 2014.
|Published date||19 August 2014|
|Source||Index Numbers of Producer Prices (PPI): Request for Additional Price Information|
|Telephone number||+44 (0)1633 456468|