Producer price inflation, UK: December 2025 including services, October to December 2025

• Producer input prices rose by 0.8% in the year to December 2025, down from a rise of 1.1% in the year to November.

• Producer output (factory gate) prices rose by 3.4% in the year to December 2025, unchanged from November.

• On a monthly basis, producer input prices fell by 0.2% and producer output (factory gate) prices showed no movement in December 2025.

• The Import Price Index (IPI) rose by 1.3% in the year to December 2025.

• Services producer prices rose by 2.9% in the year to Quarter 4 (Oct to Dec) 2025, up from a revised rise of 2.0% in the year to Quarter 3 (July to Sept).

• On a quarterly basis, services producer prices rose by 0.7% in Quarter 4 2025.

Producer input prices rose by 0.8% in the year to December 2025, which is down from an increase of 1.1% in the year to November (Figure 1). Monthly input prices fell by 0.2% in December 2025, down from a revised rise of 0.5% in November (Table 1).

Producer output (factory gate) prices rose by 3.4% in the year to December 2025, which is unchanged from November (Figure 1). Monthly output prices were unchanged in December 2025, which is down from a 0.1% rise in November (Table 1).

The largest contribution to the annual input producer price inflation rate was a downward contribution from inputs of crude oil, where prices fell 15.1% over the past year.

The largest contribution to the annual output producer price inflation rate was an upward contribution from outputs of food products, where prices rose by 4.3% over the past year.

Services producer prices rose by 2.9% in the year to Quarter 4 (Oct to Dec) 2025. This is up from a revised increase of 2.0% in the year to Quarter 3 (July to Sept) 2025 (Figure 2). Prices rose by 0.7% in Quarter 4 2025, the same as for Quarter 3 (Table 2).

The largest contribution to the annual services producer price inflation rate was an upward contribution from administrative and support services, where prices rose by 4.8% over the past year.

Producer Prices Index (PPI) estimates for both November and December 2025, and Services Producer Price Index (SPPI) estimates for Quarter 3 and Quarter 4 2025 are provisional. PPI figures for the latest 12 months and SPPI figures for the latest four quarters are subject to revisions as additional survey data are returned and validated. Effective response rates at the time of first publishing can be found in Section 8: Data sources and quality.

Of the 10 product groups for the input Producer Price Index (PPI), 8 made upward contributions to the annual inflation rate in December 2025. The largest of these came from:

• inputs of metals and non-metallic mineral products
• inputs of domestic food

The prices of inputs of metals and non-metallic mineral products rose by 3.3% in the year to December 2025, compared with a revised rise of 2.9% in the year to November (Table 3). The annual price rise in December was partially caused by non-EU imports of precious metals, and non-EU imports of other non-ferrous metal.

The prices of inputs of domestic food rose by 3.3% in the year to December 2025, compared with a rise of 4.2% in the year to November (Table 3). The annual price increase in December was partially caused by processed and preserved meat. The price of imported food saw a smaller 2.5% increase over the same period.

The largest offsetting downward contribution to the annual inflation rate came from inputs of crude oil. The prices of inputs of crude oil fell by 15.1% in the year to December 2025, compared with a revised fall of 13.1% in the year to November (Table 3), and by 3.0% in the latest month. This product group also provided the largest contribution to change in the annual inflation rate between November and December 2025.

The Import Price Index (prices of materials and fuels imported by UK manufacturers) rose by 1.3% in the year to December 2025, down from a revised rise of 1.4% in the year to November. On a monthly basis, prices fell by 0.4% in December 2025, down from a revised rise of 1.1% in November. The Sterling index fell by 0.1% in the year to December 2025, and rose by 1.1% between November and December (Table 4).

All 10 product groups for the output Producer Price Index (PPI) made upward contributions to the annual inflation rate in December 2025. The largest of these came from:

• outputs of food products
• outputs of motor vehicles and other transport equipment

Prices for food products rose by 4.3% in the year to December 2025, compared with a rise of 4.2% in the year to November (Table 5). The increase in the annual inflation rate was partly caused by processed and preserved meat.

Prices for motor vehicles and other transport equipment rose by 6.3% in the year to December 2025, compared with a rise of 7.2% in the year to November (Table 5).

While the annual inflation rate for output PPI was unchanged in December 2025, at 3.4%, there were offsetting contributions to change across the 10 product groups. Other outputs from manufacturing provided the largest upward contribution to change. Outputs of motor vehicles and other transport equipment provided the largest downward contribution to change in the annual inflation rate between November and December 2025.

All nine product groups for the Services Producer Price Index (SPPI) made upward contributions to the annual inflation rate in Quarter 4 (Oct to Dec) 2025. The largest of these came from:

• administrative and support services
• professional, scientific and technical services

Prices for administrative and support services rose by 4.8% in the year to Quarter 4 2025, compared with a revised rise of 5.4% in the year to Quarter 3 (July to Sept) (Table 6). The annual price rise in Quarter 4 was partially caused by cleaning services.

Prices for professional, scientific and technical services rose by 3.4% in the year to Quarter 4 2025, compared with a revised rise of 1.2% in the year to Quarter 3 (Table 6). The annual price rise in Quarter 4 was partially caused by accounting, bookkeeping and auditing services. This product group also provided the largest contribution to the change in the annual inflation rate between Quarter 3 and Quarter 4 2025.

Contribution

As the aggregate producer prices indices are built up from individual product indices, it is possible to decompose overall inflation into contributions from different products. Those contributions reflect both the inflation rates for each product and their weight in the index.

Input prices

The price of materials and fuels bought by UK manufacturers for processing. It includes materials and fuels that are either imported or sourced from within the domestic market. It is not limited to materials used in the final product but includes what is required by businesses in their normal day-to-day running, such as fuels.

Output prices

The amount received by UK producers for the goods that they sell to the domestic market, also known as factory gate prices. It includes the margin that businesses make on goods, in addition to costs, such as labour, raw materials and energy, as well as interest on loans, site or building maintenance, or rent.

Producer price inflation

Changes in the prices of goods bought and sold by UK manufacturers, including price indices of materials and fuels purchased (input prices) and factory gate prices (output prices). If the producer price inflation rate is a positive value, this indicates that prices have risen, while a negative value indicates prices have fallen.

Services producer price inflation

Quarterly estimates monitoring the changes in prices charged for services provided to UK-based customers for a range of industries.

Weight

This is the importance of the price of interest relative to other prices collected. With annual chain-linking, this is updated every year, using business sales revenue data.

For information on the strengths and limitations of the data, methods used, and the data uses and users, please see our Producer Price Indices (PPI) quality and methodology information (QMI) report and our Services Producer Price Indices (SPPI) QMI report.

Suspension of our producer price statistics

On 22 October 2025, we recommenced the publication of PPI and SPPI data. This followed a period of reviewing, correcting and quality assuring the index weights and chain-linking methodology after we discovered an error in our method in March 2025, which resulted in a pause in publication.

More about the corrections that have been applied is available in our Impact of correction to chain-linking methodology used in PPI and SPPI article. This article also provides a summary of how these corrections have affected our previously published data and the narrative in PPI and SPPI data since 2014.

Development of producer price statistics

We are continuing to improve the quality of these statistics to address the findings and requirements set out in the Office for Statistics Regulation’s (OSR’s) Spotlight on Quality: Producer Price Indices publication. Information on how we plan to address the OSR requirements can be found in our Producer prices development plan. Once the developments are complete, we will begin the process for seeking reaccreditation. These statistics are currently designated as official statistics.

Response rates

In December 2025, the response rates for the domestic PPI and Import Price Index (IPI) were lower than they were in December 2024, whereas the response rate for the Export Price Index (EPI) was higher (Table 7).

In Quarter 4 (Oct to Dec) 2025, the response rate for the SPPI was lower than in Quarter 4 (Oct to Dec) 2024 (Table 8).

Dataset format

Following guidance from our User needs from producer price inflation statistics engagement exercise in 2024, we have rationalised the datasets that we produce to accompany this bulletin. This rationalisation has resulted in a single-dataset format, which is used for both producer price inflation (for PPI) and service producer prices inflation (for SPPI). The datasets will continue to be produced in Excel format with the following worksheets:

• Cover sheet
• Notes
• Description
• Index

Description worksheet details

The Description worksheet includes a list of all indices included in the dataset, detailing:

• CDID – an alphanumeric code, four characters in length, which is our Central Database Identifier; this is a unique identifier for the index

• CSDB index – a 10-digit integer, which is an alternate unique identifier that has been included in previous datasets

• CPA 2.1 – an alphanumeric code, of variable length, which corresponds to the Eurostat Classification of Products by Activity framework, version 2.1

• index category – a text string, used to group related indices; for PPI, this is used to indicate headline indices, and classify indices as being input, output, import or export

• index description – a text string, describing the index

• index basis – a text string, describing the basis upon which the index is calculated, which indicates whether the underlying prices include or exclude taxes, duties and other levies (such as Value Added Tax (VAT), the Aggregates Levy and the Climate Change Levy)

• time series URL – a text string, which acts as a link into the related timeseries data on the Office for National Statistics (ONS) website

Index worksheet details

This is a list of the index values and inflation rates for selected indices, detailing:

• bulletin period – a text string, representing the date in the format YYYY-MM; this indicates the latest period for which data are recorded in the dataset, and corresponds with the period covered by the related bulletin; for example, in our December 2025 bulletin, this value will be "2025-12"

• data period – a text string, representing the date in the format YYYY-MM; this is the date to which the collected price data correspond

• CDID – an alphanumeric code, four characters in length, which is the same as the CDID detailed in the "Description" worksheet

• index value – a decimal, to one decimal place, recording the calculated index value as it relates to the data period

• inflation rate (one-month) – a percentage, given to one decimal place, recording the calculated monthly inflation rate, as it relates to the data period

• inflation rate (12-month) – a percentage, given to one decimal place, recording the calculated annual inflation rate, as it relates to the data period

• provisional marker – "P" for provisional months, blank otherwise

• revision marker – "R" for months in which the index value differs from that previously published, blank otherwise

• publication marker – an alphanumeric code, one character in length, which details whether the data are subject to statistical disclosure control