The producer prices in the UK grew by 0.5 percent month-on-month in January 2023, following a 0.8 percent drop in December and compared to market estimates of a 0.1 percent rise. source: Office for National Statistics
Producer Price Inflation MoM in the United Kingdom averaged 0.19 percent from 1996 until 2023, reaching an all time high of 3.10 percent in March of 2022 and a record low of -2.10 percent in October of 2008. This page includes a chart with historical data for the United Kingdom Producer Price Inflation MoM. United Kingdom Producer Price Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Producer Price Inflation MoM in the United Kingdom is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Producer Price Inflation MoM is projected to trend around 0.50 percent in 2024 and 0.30 percent in 2025, according to our econometric models.