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Release: Producer Price Index, July 2014

Released: 19 August 2014 Next edition: 16 September 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

  • Both annual output price inflation and input prices fell in the year to July.

  • The output price index for goods produced by UK manufacturers (factory gate prices), fell 0.1% in the year to July, compared with a rise of 0.3% in the year to June.

  • Factory gate prices fell 0.1% between June and July, unchanged since May.

  • Core factory gate prices, which exclude the more volatile food, beverages, tobacco & petroleum products, rose 0.9% in the year to July, compared with a rise of 1.0% in the year to June.

  • The overall price of materials and fuels bought by UK manufacturers for processing (total input prices) fell 7.3% in the year to July, compared with a fall of 4.5% in the year to June.

  • Total input prices fell 1.6% between June and July, compared with a fall of 0.9% between May and June.

Input and output producer price index series. Contains 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.