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 2005. These are then aggregated for various sectors of industry to provide the published indices.
The input PPIs (table 3 of the reference table) measure changes in the price of materials and and fuel bought by manufacturers for processing.The output PPIs (table 4 of the reference table) indicate changes in the prices manufacturers charge for goods destined for the UK market as they leave the factory net of VAT and after discounts.
This dataset provides price movement data at all manufacturing, aggregated industry and product group level. It consists of data supplied from individual UK manufacturers, importers and exporters.
Indices for the latest two months are provisional due to the level of imputation present for items where the latest prices are not available. The latest five months are subject to revisions in light of (a) late and revised contributor data and (b) revisions to seasonal adjustment factors which are re-estimated every month.
|Published date||14 June 2012|
|Geographic breakdown||UK and GB|
|Source||Index Numbers of Producer Prices (PPI): Request for Additional Price Information|
|Telephone number||+44 (0)1633 456628|