Producer input prices fell by 2.6% in the year to October 2023, down from a revised fall of 2.1% in the year to September 2023. Producer output (factory gate) prices fell by 0.6% in the year to October 2023, down from a revised increase of 0.2% in the year to September 2023. On a monthly basis, producer input prices rose by 0.4% and output prices rose by 0.1% in October 2023. Inputs of fuel, and outputs of food products provided the largest downward contributions to change in the annual rates of input and output inflation, respectively. While annual producer price inflation rates have generally been negative since ... (full story)