Producer price inflation, UK: May 2024

From ons.gov.uk

Producer input prices fell by 0.1% in the year to May 2024, up from a revised fall of 1.4% in the year to April. Producer output (factory gate) prices rose by 1.7% in the year to May 2024, up from an increase of 1.1% in the year to April. On a monthly basis, producer input prices showed no movement, while output (factory gate) prices fell by 0.1% in May 2024. The annual inflation rates for both input and output PPI are at their highest levels since May 2023, based on provisional data.Producer input prices fell by 0.1% in the year to May 2024, up from a revised fall of 1.4% in the year to April (Figure 1). Monthly ... (full story)