| Factory gate inflation rises to 5.7% |
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| Monday, 11 February 2008 | |
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Figures released by the Office for National Statistics show that output price annual inflation for all manufactured products rose to 5.7 per cent in January. Input price annual inflation rose from 12.2 per cent in December to 19.1 per cent in January. The month-on-month output prices measure for all manufactured products rose 1.0 per cent in January, mainly reflecting rises in other manufactured products. The 'narrow' output prices measure, which leaves out volatile sectors, showed an annual increase of 3.1 per cent. The seasonally adjusted measure rose 0.8 per cent between December and January. Month-on-month input prices measure of UK manufacturers’ materials and fuels rose 2.9 per cent. This mainly reflected rises in the prices of crude oil. In seasonally adjusted terms the index rose 2.6 per cent between December and January. The 'narrow' input prices measure rose 7.3 per cent in the year to January. In seasonally adjusted terms the index rose 2.3 per cent between December and January. Related links |
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