The headline rate of inflation for goods leaving the factory gate (output prices) was 2.9% on the year to May 2018, up from 2.5% in April 2018.

Prices for materials and fuels (input prices) rose 9.2% on the year to May 2018, up from 5.6% in April 2018.

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

Input annual inflation increased to its highest rate since June 2017; crude oil continued to provide the largest upward contribution.