UK PPI output non-seasonally adjusted fell on the year to 5.1% in June from the revised 5.5% from the initial 5.7%, higher than estimates of 5.7%. On the month, the reading retreated to -0.3% compared with the preceding 0.3% revised down to 0.1% and forecasts of 0.1%.
PPI input reached 10.7% annually which is lower than the revised 11.5% from the initial 11.2% but higher than projections of 10.2%. On the monthly basis, the reading matched the revised reading of -0.2% which is higher than the initial -0.6% and estimates of -0.4%.
PPI output core non-seasonally adjusted rose to 4.8% on the year from the prior 4.4%, yet lower than the predictions of 5.1%, while on the month the reading slipped to -0.3% from both prior and forecasts of 0.1%.