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Release: Producer Price Index, July 2015

Released: 18 August 2015 (Latest) Next edition: 15 September 2015

Contact

Kat Pegler

Business Prices

ppi@ons.gsi.gov.uk

Telephone: +44 (0) 1633 456468

Categories: Economy, Prices, Output and Productivity, Price Indices and Inflation, Producer Price Indices

Frequency of release: Ad-hoc

Language: English

Geographical coverage: UK

Geographical breakdown: UK

Survey name(s): Index Numbers of Producer Prices (PPI): Provision of Price Information

  • The price of goods bought and sold by UK manufacturers, as estimated by the producer price index, continued to fall in the year to July 2015. Crude oil continued to drive down input prices, feeding through to a drop in output prices of petroleum products.

  • Factory gate prices (output prices) for goods produced by UK manufacturers fell 1.6% in the year to July 2015, unchanged since May 2015.

  • Core factory gate prices, which exclude the more volatile food, beverage, tobacco and petroleum products, rose 0.3% in the year to July 2015, compared with 0.1% last month.

  • The overall price of materials and fuels bought by UK manufacturers for processing (total input prices) fell 12.4% in the year to July 2015, up from a fall of 13.1% in the year to June 2015.

  • Core input prices, which exclude the more volatile food, beverage, tobacco and petroleum products fell 4.9% in the year to July 2015, compared with a fall of 4.7% in the year to June 2015.

Input and output index series. Contains producer price indices of materials and fuels purchased and output of manufacturing industry by broad sector.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.