Producer input prices rose by 14.1% in the 12 months to January 2023, down from 16.2% in the year to December 2022. Producer output (factory gate) prices rose by 13.5% in the 12 months to January 2023, down from 14.6% in the year to December 2022. Inputs of crude oil, and petroleum products, provided the largest downward contributions to the change in the annual rates of input and output inflation, respectively. On a monthly basis, producer input prices decreased by 0.1% and output prices increased by 0.5% in January 2023.The annual rate of the input Producer Price Index (PPI) has now been positive for 26 consecutive ... (full story)