-
Producer price inflation, UK: August 2019
The headline rate of output inflation for goods leaving the factory gate was 1.6% on the year to August 2019, down from 1.9% in July 2019. • The growth rate of prices for materials and fuels used in the manufacturing process was negative 0.8% on the year to August 2019, down from 0.9% in July 2019. • Transport equipment provided the largest upward contribution to the annual rate of output inflation. • Crude oil provided the largest downward contribution to the annual rate of input inflation. The Office for National Statistics (ONS) has published its response to the public consultation to collect users’ views ... (full story)