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 6.2 per cent in the year to March, compared with the rise of 5.9 per cent in the year to February. Unadjusted, the index rose 0.9 per cent between February and March, mainly reflecting rises in petroleum product prices. If passed on in full, the changes in excise duty on tobacco and alcohol announced in the Budget would have increased the index by 0.3 per cent in March. The output price index excluding excise duties (PPIY) rose 6.2 per cent in the year to March. Seasonally adjusted, the index rose 0.4 per cent between February and March. The output price index excluding food, beverages, tobacco and petroleum rose 3.1 per cent in the year to March. In seasonally adjusted terms, the index rose by 0.3 per cent between February and March.

Input prices: summary

The input price index for materials and fuels purchased by manufacturing industry rose 20.6 per cent in the year to March and rose 2.9 per cent between February and March. The rise in the input index between February and March mainly reflected a rise in the price of crude oil.
Prices of imported materials as a whole (including imported crude oil) rose 3.3 per cent between February and March. Seasonally adjusted, the input price index rose 1.8 per cent between February and March. The input price index for manufacturing industry excluding the food, beverages, tobacco and petroleum industries rose 9.7 per cent in the year to March. Seasonally adjusted, the index rose 1.5 per cent between February and March.


Available at:

http://www.statistics.gov.uk/pdfdir/ppi0408.pdf