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Producer price inflation, UK: October 2019
The headline rate of output inflation for goods leaving the factory gate was 0.8% on the year to October 2019, down from 1.2% in September 2019. The growth rate of prices for materials and fuels used in the manufacturing process was negative 5.1% on the year to October 2019, down from negative 3.0% in September 2019. Petroleum made the largest downward contribution to the change in the annual rate of output inflation. Crude oil provided the largest downward contribution to the change in the annual rate of input inflation. Figure 1 shows input and output Producer Price Indices (PPI) over the past 15 years. Input PPI ... (full story)