FXstreet.com (Barcelona) - Producer prices growth has accelerated in the United Kingdom in November compared to October in year-on-year terms according to data by National Statistics.
The Output price index for home sales of manufactured products has risen 4.5% from November 2006, while it grew 3.9% on the year in October. On the month, output prices have risen 0.5%, pushed up by petrol prices. Excluding food, beverages, tobacco and petroleum, ioutput producer prices have increased a more moderate 2.2% on the year, qwhile they edged up 0.1% from October to November.
The input prices index for materials and fuels purchased by manufacturing industry rose 10.3% in the year to November, while it increased 1.7% from October to November in seasonally adjusted terms. Unadjusted, PPI input rose 3.4% on the month in November.