• UK producer price inflation rose 3.0% on the year to November

Market news

12 December 2017

UK producer price inflation rose 3.0% on the year to November

The headline rate of inflation for goods leaving the factory gate (output prices) rose 3.0% on the year to November 2017, up from 2.8% in October 2017.

Prices for materials and fuels (input prices) rose 7.3% on the year to November 2017, up from 4.8% in October 2017.

All industries provided upward contributions to both input and output annual inflation; the largest contributors to the change in the annual rates were crude oil and petroleum products respectively.

Core input inflation was 4.6% on the year to November 2017, up from 3.4% in October 2017.

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