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Producer price inflation, UK: February 2023
Producer input prices rose by 12.7% in the 12 months to February 2023, down from 14.7% in the year to January 2023. Producer output (factory gate) prices rose by 12.1% in the 12 months to February 2023, down from 13.5% in the year to January 2023. 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 decreased by 0.3% in February 2023. This month's Producer Price Index (PPI) estimates are being published with updated weights in ... (full story)