Producer Price Index Input y/y shows the change in the price of raw materials and fuel purchased by UK enterprises in the given month compared to the same month of the previous year. The index calculation includes imported and domestic materials and fuel.
The index reflects the operational expenses of British manufacturers and is a leading indicator of consumer inflation.
The chart of the entire available history of the "United Kingdom Producer Price Index (PPI) Input y/y" 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.