Producer Price Inflation - July 2018

Producer Price Inflation - July 2018

Output Price inflation eased in July, but input cost inflation rose.

Output price inflation for producers was 3.1% in July 2018, down from 3.3% in June. Food and non-alcoholic beverages, petroleum products and computing were the largest downward contributions to price growth. Input price inflation rose to 10.9% in July, from 10.3% in June. Crude oil provided the largest upward contribution, with imported parts also contributing to the increased rate of inflation.

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