By | February 05 2010 9:39 AM

The UK PPI input for January came in at 2.0% which is higher than the revised prior reading of 0.6% from 0.1% while the markets were expecting 0.8%, on the year, the index rose to 8.4% from revised previous of 7.4% from 6.9%, which is better than the predicted reading of 6.5%.