Producer Prices in United Kingdom

United Kingdom Producer Prices | Economic News & Forecasts

United Kingdom - Producer Prices

Inflation increases in September

Consumer prices rose a seasonally-adjusted 0.41% in September over the previous month, contrasting the 0.42% fall logged in August. The rebound in price pressures was largely driven by rising prices for recreation and culture, and clothing and footwear. Prices for restaurants and hotels also rose markedly due to the end of the government’s Eat Out to Help Out discount scheme.

Inflation rose to 0.5% in September, up from August’s 0.2%, but still well below the Bank of England’s 2.0% target. Annual average inflation fell to 1.1% in September (August: 1.2%). Core inflation rose to 1.3% from August’s 0.9%.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.9% in 2020, up 0.1 percentage points from last month’s forecast, and 1.5% in 2021, unchanged from last month’s forecast.

United Kingdom - Producer Prices Data

2015   2016   2017   2018   2019  
Inflation (PPI, annual variation in %)-1.7  0.5  3.4  2.9  1.6  

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United Kingdom Facts

Value Change Date
Bond Yield0.83-3.04 %Jan 01
Exchange Rate1.33-0.35 %Jan 01

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