• The headline rate of output inflation for UK goods leaving the factory gate was 2.9%

Market news

19 September 2018

The headline rate of output inflation for UK goods leaving the factory gate was 2.9%

The headline rate of output inflation for goods leaving the factory gate was 2.9% on the year to August 2018, down from 3.1% in July 2018.

The growth rate of prices for materials and fuels for manufacturing (input prices) slowed to 8.7% on the year to August 2018, down from 10.3% in July 2018.

All product groups provided upward contributions to output annual inflation; the largest contribution for the fourth consecutive month was made by petroleum products.

Annual inflation remained positive for both input and output indices for the 26th consecutive month.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.