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16 Apr 2013
UK: Annual PPI – Output rises 2% in March
In the year to March 2013 UK PPI – Output n.s.a. grew 2%, in comparison with a increase of 2.3% the previous month, National Statistics reported today. This result is in line with expectations. On a monthly basis UK PPI – Output n.s.a. grew 0.3% in March, down from the 0.8% increase in February, as expected.
Annual UK PPI – Input n.s.a. rose 0.4% in March, compared with February's 2.1% jump, below consensus of +0.8%. Between February and March UK PPI – Input fell 0.1%, after growing 2.8% between January and February and slightly above projections of -0.2%.
Year-over-year PPI Core Output rose 1.3%, following 1.3% growth. On a monthly basis PPI Output increased 0.1%, down from the 0.3% rise.
Annual UK PPI – Input n.s.a. rose 0.4% in March, compared with February's 2.1% jump, below consensus of +0.8%. Between February and March UK PPI – Input fell 0.1%, after growing 2.8% between January and February and slightly above projections of -0.2%.
Year-over-year PPI Core Output rose 1.3%, following 1.3% growth. On a monthly basis PPI Output increased 0.1%, down from the 0.3% rise.