Producer Price Inflation, January 2016

16 Feb 2016 01:37 PM

Main points

• The price of goods bought and sold by UK manufacturers, as estimated by the producer price index, continued to fall in the year to January 2016. This month shows the smallest decreases in both the output and input prices for the last 13 months.
• Factory gate prices (output prices) for goods produced by UK manufacturers fell 1.0% in the year to January 2016, compared with a fall of 1.4% in the year to December 2015.
• Core factory gate prices, which exclude the more volatile food, beverage, tobacco and petroleum products, showed no movement in the year to January 2016, compared with an increase of 0.1% in the year to December 2015.
• The overall price of materials and fuels bought by UK manufacturers for processing (total input prices) fell 7.6% in the year to January 2016, compared with a fall of 10.4% in the year to December 2015.
• Core input prices, which exclude purchases from the more volatile food, beverage, tobacco and petroleum industries, fell 4.7% in the year to January 2016, compared with a fall of 6.7% in the year to December 2015.

Get all the tables for this publication in the data section of this publication.