Producer input prices fell by 2.6% in the year to November 2023, unchanged from a fall of 2.6% in the year to October 2023. Producer output (factory gate) prices fell by 0.2% in the year to November 2023, up from a revised fall of 0.3% in the year to October 2023. On a monthly basis, producer input prices fell by 0.3% and output prices fell by 0.1% in November 2023. Annual producer price inflation rates have been slightly falling since June 2023; however, index levels for both input and output prices remain substantially higher than their 2021 levels, the last time producer price inflation was stable. The annual ... (full story)