Producer Prices
Factory gate inflation falls to 6.8%
Output price 'factory gate' annual inflation for all manufactured products fell to 6.8 per cent in October. Input price annual inflation fell from 24.0 per cent in September to 13.8 per cent in October.
Month on month the output prices measure for all manufactured products fell 1.0 per cent in October, mainly reflecting falls in petroleum and other manufactured products.
The 'narrow' output prices measure, which leaves out volatile sectors, showed an annual increase of 4.9 per cent.
Month on month, the input prices measure of UK manufacturers' materials and fuels fell 5.6 per cent. This mainly reflected a fall in the price of crude oil.
The 'narrow' input prices measure rose 14.5 per cent in the year to October. In seasonally adjusted terms the index fell 2.3 per cent between September and October.
Footnotes: Producer Price Indices monitor the price changes of goods bought and sold by UK manufacturers. Input prices are prices of materials and fuels bought. Output prices, also known as 'factory gate prices', are prices at which goods are sold.
As well as output and input price indices, results are shown for 'narrow' indices - a subset excluding more seasonal and erratic items (food, drink, tobacco and petroleum).
The figures shown are not seasonally adjusted unless otherwise specified.
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Producer Prices First release