Core Producer Price Index Output m/m shows the changes in domestic manufactured goods prices in the specified month compared to the previous one.
The indicator does not include prices for food, drinks, tobacco and oil.
In addition to the cost, which includes labor costs, raw materials, energy end enterprise maintenance, the selling price also includes the manufacturer markup.
The producer price index characterizes the level of inflation.
The chart of the entire available history of the "United Kingdom Core Producer Price Index (PPI) Output m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.