Investing.com – U.K. producer price inflation input rose more-than-expected in September, official data showed on Friday.
In a report, the Office for National Statistics said that the input prices measure of manufacturers’ materials and fuels rose by a seasonally adjusted 0.7% in September, after rising 0.1% in August, whose figure was revised up from -0.5%.
Analysts had expected PPI input to increase by 0.3% in September.
The report said that output price inflation for all manufactured products rose 0.3% in September, after remaining flat in August. Analysts had expected output PPI to rise by 0.2% in September.
In a report, the Office for National Statistics said that the input prices measure of manufacturers’ materials and fuels rose by a seasonally adjusted 0.7% in September, after rising 0.1% in August, whose figure was revised up from -0.5%.
Analysts had expected PPI input to increase by 0.3% in September.
The report said that output price inflation for all manufactured products rose 0.3% in September, after remaining flat in August. Analysts had expected output PPI to rise by 0.2% in September.