United Kingdom Producer Price Index (PPI) Output y/y

Country:
United Kingdom
GBP, Pound sterling
Sector:
Prices
Low 3.3% 2.9%
3.1%
Last release Importance Actual Forecast
Previous
3.2%
3.3%
Next release Actual Forecast
Previous
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Output Producer Price Index (PPI) y/y reflects the change in the amount received by British manufacturers from selling goods in the domestic and foreign markets, in the given month compared to the same month of the previous year.

In addition to the production cost, which includes labor costs, raw materials, energy end enterprise maintenance, the selling price also includes the manufacturer markup, interest on loans, facilities and buildings maintenance and rental costs. All index numbers exclude VAT but include excise duty on cigarettes, manufactured tobacco, alcohol and petroleum products.

Products included in index calculation are divided into 10 main groups:

  • Food
  • Tobacco and alcohol
  • Clothing, textiles and leather
  • Paper and printing
  • Petroleum products
  • Chemicals and pharmaceuticals
  • Metal, machinery and equipment
  • Computer, electrical and optical products
  • Transport equipment
  • Other manufactured products

Goods from these categories are grouped into a basket. Output prices for the goods are collected from a monthly survey of manufacturers. The index is calculated on a weighted basis relative to the base period currently set to 2010. The benchmark level of 2010 is set to 100. Weights are adjusted every five years.

The output PPI reflects the output prices of goods and characterizes inflation from the manufacturer perspective. Thus, it is slightly ahead of consumer inflation data. The index growth is usually seen as positive for the British pound quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "United Kingdom Producer Price Index (PPI) Output 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.

Date (GMT)
Reference
Actual
Forecast
Previous
Oct 2018
3.3%
2.9%
3.1%
Sep 2018
3.1%
2.9%
2.9%
Aug 2018
2.9%
3.2%
3.1%
Jul 2018
3.1%
3.2%
3.3%
Jun 2018
3.1%
3.2%
3.0%
May 2018
2.9%
2.9%
2.5%
Apr 2018
2.7%
2.3%
2.7%
Mar 2018
2.4%
2.4%
2.6%
Feb 2018
2.6%
3.1%
2.8%
Jan 2018
2.8%
3.5%
3.3%
Dec 2017
3.3%
2.8%
3.1%
Nov 2017
3.0%
2.7%
2.8%
Oct 2017
2.8%
3.2%
3.3%
Sep 2017
3.3%
3.2%
3.4%
Aug 2017
3.4%
3.3%
3.2%
Jul 2017
3.2%
3.2%
3.3%
Jun 2017
3.3%
3.4%
3.6%
May 2017
3.6%
3.6%
Apr 2017
3.6%
3.6%
Mar 2017
3.6%
3.7%
Feb 2017
3.7%
3.6%
Jan 2017
3.5%
2.8%
Dec 2016
2.7%
2.4%
Nov 2016
2.3%
2.1%
Oct 2016
2.1%
1.3%
Sep 2016
1.2%
0.9%
Aug 2016
0.8%
0.3%
Jul 2016
0.3%
-0.2%
Jun 2016
-0.4%
-0.6%
May 2016
-0.7%
-0.7%
Apr 2016
-0.7%
-0.9%
Mar 2016
-0.9%
-1.1%
Feb 2016
-1.1%
-1.0%
Jan 2016
-1.0%
-1.4%
Dec 2015
-1.2%
-1.5%
Nov 2015
-1.5%
-1.4%
Oct 2015
-1.3%
-1.8%
Sep 2015
-1.8%
-1.9%
Aug 2015
-1.8%
-1.6%
Jul 2015
-1.6%
-1.6%
Jun 2015
-1.5%
-1.6%
May 2015
-1.6%
-1.7%
Apr 2015
-1.7%
-1.7%
Mar 2015
-1.7%
-1.8%
Feb 2015
-1.7%
-1.8%
Jan 2015
-1.9%
-0.8%
Dec 2014
-0.8%
-0.1%
Nov 2014
-0.6%
-0.5%
Oct 2014
-0.5%
-0.4%
Sep 2014
-0.5%
-0.3%

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