Output price annual inflation fell by 0.2% in the UK Wednesday, September 13, 2006
As the UK National Office of Statistics reported today, the output producer prices did not change in August; consequently, output price annual inflation was 2.6% in August, compared with 2.8% in July.
Output producer prices excluding volatile sectors such as food and fuel fell by 0.2% in August and were +2.1% at the annual rate. In July, the index grew by 0.1% in a month and by 2.5% in a year.
Seasonally adjusted, input producer prices fell by 1.2%, which is connected with the reduction of crude oil prices. Input producer prices excluding food and fuel amounted to 7.4% at the annual rate. In July, annual input prices excluding food and fuel amounted to 9.7%.
Output producer prices excluding volatile sectors such as food and fuel fell by 0.2% in August and were +2.1% at the annual rate. In July, the index grew by 0.1% in a month and by 2.5% in a year.
Seasonally adjusted, input producer prices fell by 1.2%, which is connected with the reduction of crude oil prices. Input producer prices excluding food and fuel amounted to 7.4% at the annual rate. In July, annual input prices excluding food and fuel amounted to 9.7%.
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