Producer Price Inflation, March 2014
15 Apr 2014 04:16 PM
Key
points
- Annual output producer price inflation remained low in
March, while the rate of input prices continued to fall.
- The
output price index for goods produced by UK manufacturers (factory gate
prices), rose 0.5% in the year to March, compared with a rise of 0.6% in the
year to February.
- Factory gate prices rose 0.2% between February and
March, compared with a rise of 0.1% between January and
February.
- Core factory gate prices, which exclude the more
volatile food, beverages, tobacco & petroleum products, rose 1.0% in the
year to March, compared with a rise of 1.1% in the year to
February.
- The
overall price of materials and fuels bought by UK manufacturers for processing
(total input prices), fell 6.5% in the year to March, compared with a fall of
5.8% in the year to February.
- Total input prices fell 0.6% between February and March,
compared with a fall of 0.5% between January and February.