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Producer price inflation, UK: April 2024
Producer input prices fell by 1.6% in the year to April 2024, up from a fall of 2.5% in the year to March 2024. Producer output (factory gate) prices rose by 1.1% in the year to April 2024, up from a revised increase of 0.7% in the year to March 2024. On a monthly basis, producer input prices rose by 0.6% and output prices rose by 0.2% in April 2024. Based on the provisional data, the annual inflation rates for both input and output PPI are at their highest levels since May 2023. The annual inflation rate of the input Producer Price Index (PPI) was negative 1.6% in the year to April 2024, up from a rate of negative ... (full story)