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Europe Economy: 
UK PPI Rises 0.3% in February
Author: 123jump.com Staff
123jump.com
Last Update: 9:24 AM EDT March 10 2008



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The output price index for home sales of manufactured products rose 5.7% in the year to February, unchanged from the rise in the year to January. Unadjusted, the index rose 0.3% between January and February, mainly reflecting rises in other manufactured product prices. The output price index excluding excise duties rose 6% in the year to February. Seasonally adjusted, the index rose 0.3% between January and February.

 
The following is an unedited transcript of the news release from the UK National Statistics.


The output price index for home sales of manufactured products rose 5.7% in the year to February, unchanged from the rise in the year to January. Unadjusted, the index rose 0.3% between January and February, mainly reflecting rises in other manufactured product prices. The output price index excluding excise duties rose 6% in the year to February. Seasonally adjusted, the index rose 0.3% between January and February.

The output price index excluding food, beverages, tobacco and petroleum rose 3.0 per cent in the year to February. In seasonally adjusted terms, the index rose by 0.2 per cent between January and February.

Input prices: summary

The input price index for materials and fuels purchased by manufacturing industry rose 19.4 per cent in the year to February and rose 1.3 per cent between January and February. The rise in the input index between January and February mainly reflected a rise in the price of crude oil. Prices of imported materials as a whole (including imported crude oil) rose 1.7 per cent between January and February. Seasonally adjusted, the input price index rose 1.7 per cent between January and February.

The input price index for manufacturing industry excluding the food, beverages, tobacco and petroleum industries rose 8.2 per cent in the year to February. Seasonally adjusted, the index rose 0.9 per cent between January and February.


Available at:

http://www.statistics.gov.uk/pdfdir/ppi0308.pdf
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