Factory gate prices of goods produced by the UK manufacturers increased 1.9 percent year-on-year in March 2021, the most since May 2019 and above market expectations of a 1.7 percent rise. Five of the ten product groups provided upward contributions to the output annual rate, of which food products (prices up by 1.6 percent), metal, machinery and equipment (2.7 percent), transport equipment (0.4 percent), and other manufactured products (1.5 percent). On a monthly basis, producer prices advanced 0.5 percent in March, also beating forecasts of 0.3 percent. source: Office for National Statistics

Producer Prices Change in the United Kingdom averaged 4.95 percent from 1964 until 2021, reaching an all time high of 27.80 percent in January of 1975 and a record low of -7.30 percent in July of 2009. This page provides the latest reported value for - United Kingdom Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Producer Prices Change in the United Kingdom is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in the United Kingdom to stand at 1.70 in 12 months time. In the long-term, the United Kingdom Producer Prices Change is projected to trend around 2.30 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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United Kingdom Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
1.90 0.90 27.80 -7.30 1964 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-20 07:00 AM Dec -0.4% -0.6% -0.6% -0.7%
2021-02-17 07:00 AM Jan -0.2% -0.5% -0.4% -0.4%
2021-03-24 07:00 AM Feb 0.9% 0.1% 0.3% 0.2%
2021-04-21 06:00 AM Mar 1.9% 0.9% 1.7% 1.6%
2021-05-19 06:00 AM Apr 1.9% 3.5%
2021-06-16 06:00 AM May
2021-07-14 06:00 AM Jun
2021-08-18 06:00 AM Jul


News Stream
UK Producer Prices Rise the Most in 22 Months
Factory gate prices of goods produced by the UK manufacturers increased 1.9 percent year-on-year in March 2021, the most since May 2019 and above market expectations of a 1.7 percent rise. Five of the ten product groups provided upward contributions to the output annual rate, of which food products (prices up by 1.6 percent), metal, machinery and equipment (2.7 percent), transport equipment (0.4 percent), and other manufactured products (1.5 percent). On a monthly basis, producer prices advanced 0.5 percent in March, also beating forecasts of 0.3 percent.
2021-04-21
UK Producer Prices Rise the Most in 13 Months
Factory gate prices of goods produced by the UK manufacturers increased 0.9 percent year-on-year in February 2021, the second straight month of increase and the most since January last year, after a revised 0.1 percent rise in the previous month and beating market expectations of a 0.3 percent rise. Food products provided the largest upward contribution of 0.44 percentage points growing 1.7 percent, driven by prepared animal feeds for the domestic market. The second largest contribution of 0.34 percentage points came from other manufactured products, displaying a positive annual price growth of 1.4 percent, driven by wood, cork, straw and plaiting materials for the domestic market. On a monthly basis, producer prices rose 0.6 percent, easing from an upwardly revised 0.8 percent gain in the prior month but beating market expectations of a 0.3 percent growth.
2021-03-24
UK Producer Prices Fall the Least in 10 Months
Factory gate prices of goods produced by the UK manufacturers dropped 0.2 percent year-on-year in January 2021, the least since last March and compared with market expectations of a 0.4 percent fall. Petroleum prices fell for a 12th consecutive month (-22.2 percent) driven by refined petroleum products for the domestic market. Also, both paper & printing and tobacco and alcohol prices declined 0.1 percent, each. On the other hand, the largest upward contribution came chemical and pharmaceutical products (2.1 percent). On a monthly basis, producer prices rose 0.4 percent, accelerating from a downwardly revised 0.2 percent gain in the prior month and beating market expectations of a 0.2 percent growth.
2021-02-17
UK Producer Prices Drop Less than Expected
Factory gate prices of goods produced by the UK manufacturers fell 0.4 percent year-on-year in December 2020, the least since last March and compared with market expectations of a 0.6 percent drop. Cost for petroleum for an 11th consecutive month (-26.6 percent) driven by refined petroleum products for the domestic market. Also, paper & printing prices declined 0.4 percent. On the other hand, the largest upward contribution came other manufactured products (1.9 percent). On a monthly basis, producer prices were up 0.3 percent, unchanged from a revised figure in the prior month and compared with market expectations of a 0.2 percent growth.
2021-01-20

United Kingdom Producer Prices Change
In the United Kingdom, the Producer Price Index (PPI) is a monthly survey that measures the price changes of goods bought and sold by manufacturers and provides an important measure of inflation. The factory gate price (the output price) is the price of goods sold by UK manufacturers. It includes costs such as labour, raw materials and energy, as well as interest on loans, site or building maintenance, or rent and excludes taxes. .