UK PPI input retreated to 5.8% in the year endedMarch compared with the revised 7.8% from the initial 7.3%, yet above forecasts of 4.8%. On the monthly basis, the reading slipped to 1.9% from the prior 2.1%, which was upwardly revised to 2.5%, and the expected 1.4%.
Annual output gauge exceeded estimates of 3.5% by coming in at 3.6% from a prior of 4.1%. The month on month reading lingered at 0.6% relative to market expectations of 0.5%.
PPI output core came in at 2.5% annually from the previous 3.0% and the estimated 2.6%, while the monthly reading edged down to 0.1% from the preceding 0.5% and the predicted 0.2%.