Office for National Statistics - Producer Price Index, April 2012 | PoliticsHome | Press Release

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Office for National Statistics - Producer Price Index, April 2012

Office for National Statistics

The key points from this release are:

* In the year to April 2012 the output price index for home sales of manufactured products rose 3.3 per cent, compared with a rise of 3.7 per cent last month. The last time the annual rate was lower was in December 2009, when the index rose 3.2 per cent.

* Between March and April the output index for home sales of manufactured products rose 0.7 per cent, compared with a rise of 0.6 per cent between February and March.

* In the year to April 2012 the output price index excluding food, beverages, tobacco & petroleum rose 2.3 per cent, compared with a rise of 2.5 per cent last month.

* Changes announced in last month's budget are estimated to have added 0.3 per cent to the overall index in April.

* In the year to April 2012 the total input price index rose 1.2 per cent, compared with a rise of 5.6 per cent last month. The last time the annual rate was lower was in October 2009, when the index rose 0.8 per cent.

* This is the first time that the annual growth rate for input prices was lower than the annual growth rate in output prices since October 2009, when the input price index rose 0.8 per cent and the output price index rose 1.5 per cent.

* Between March and April the total input price index fell 1.5 per cent, compared with a rise of 1.7 per cent between February and March.

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