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Producer price inflation, UK: September 2023 including services, July to September 2023
Producer input prices fell by 2.6% in the year to September 2023, down from a revised fall of 2.0% in the year to August 2023. Producer output (factory gate) prices fell by 0.1% in the year to September 2023, up from a revised fall of 0.5% in the year to August 2023. On a monthly basis, producer input prices and output prices both rose by 0.4% in September 2023. Chemicals and petroleum products provided the largest downward contributions to the annual rates of input and output inflation, respectively. While annual producer price inflation rates have recently turned negative, with prices in some sectors falling, the ... (full story)