Dataset:Producer price inflation time series (MM22)

Notice

13 June 2018

The error identified below has now been corrected in the Producer price inflation, UK: May 2018 release.

25 May 2018

An error has been identified in the industry ‘Rubber & Plastic Products’ within ‘Other manufactured products’ for Output Producer Prices published on 23 May 2018. The indicative impact of this error is that it increased the Output Producer Prices annual rate by 0.3 percentage points, on average, for December 2017 to April 2018. Corrected figures will be published in full in the scheduled Producer Prices release on 13 June. Previous Producer Prices releases are unaffected by this error.

The indicative impact for each month’s index is laid out in the table below:

PPI Output – annual growth rate

Month Indicative corrected growth rate Growth rate published in the May producer prices release 2018 Indicative revision
December 2017 3.1 3.5 -0.4
January 2018 2.8 3.1 -0.3
February 2018 2.6 2.9 -0.3
March 2018 2.5 2.7 -0.2
April 2018 2.4 2.7 -0.3

PPI Output – monthly growth rate

Month Indicative corrected growth rate Growth rate published in the May producer prices release 2018 Indicative revision
December 2017 0.3 0.6 -0.3
January 2018 0.3 0.2 +0.1
February 2018 0.0 0.0 0.0
March 2018 0.3 0.3 0.0
April 2018 0.3 0.3 0.0

National Statistics logo Contact:
Martina Portanti

Release date:
13 June 2018

Next release:
18 July 2018

Dataset ID: MM22 what is this?


About this dataset

Producer Price Indices (PPIs) are a series of economic indicators that measure the price movement of goods bought and sold by UK manufacturers.

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Previous versions of this data are available

Important notes and usage information

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.

Please note that the Producer price inflation, UK: April 2018 release was affected by an error in the industry “Rubber and plastic products”. This affects the previous version of the data superseded on 13 June 2018 at 9:30am. If users need to use this file, please contact ppi@ons.gov.uk for advice.

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Contact details for this Dataset

Martina Portanti
ppi@ons.gov.uk
Telephone: +44 (0) 1633 456907

Publications that use this data

Methodology