Track UK PPI Input m/m to gauge potential consumer price hikes as manufacturers' costs rise.
This indicator reflects consumer inflation trends; when manufacturers incur higher costs for goods, these expenses are typically passed on to consumers.
What it Measures
Changes in the prices of goods and raw materials that manufacturers acquire.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it generally supports the currency.
Source & Frequency
Office for National Statistics (latest release) - https://www.gov.uk/government/statistics • Published monthly, approximately 15 days following the end of the month.
How Data is Derived
N/A
Also Known As
N/A
Acronym
Producer Price Index (PPI), Consumer Price Index (CPI)