Output price ‘factory gate’ annual inflation for all manufactured products rose 4.1 per cent in the year to January 2012, compared with a rise of 4.8 per cent in the year to December 2011.
Month on month the output price measure for all manufactured products rose 0.5 per cent between December and January.
The ‘narrow’ output price measure, which leaves out volatile sectors, showed an annual rise of 2.4 per cent.
Input price annual inflation rose 7.0 per cent in January 2012, compared with a rise of 8.9 per cent in the year to December 2011.
Month on month, the input price measure of UK manufacturers’ materials and fuels rose 0.5 per cent between December and January.
The ‘narrow’ input price measure rose 5.4 per cent in the year to January 2012. In seasonally adjusted terms the index fell 0.2 per cent between December and January.
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.
The figures shown are not seasonally adjusted unless otherwise specified.
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