• UK producer price inflation also lower than expected in April

Market news

23 May 2018

UK producer price inflation also lower than expected in April

The headline rate of inflation for goods leaving the factory gate (output prices) was 2.7% on the year to April 2018, which is unchanged from March 2018.

Prices for materials and fuels (input prices) rose 5.3% on the year to April 2018, up from 4.4% in March 2018.

All industries provided upward contributions to output annual inflation; the largest contribution was made by other manufactured products.

The rate of input annual inflation increased for the second consecutive month; crude oil continued to provide the largest upward contribution.

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