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.

The Midlands Economic Forum is a neutral, independent forum bringing together representatives of the public, private and voluntary sectors to evaluate real trends in the local economy. Events are run according to "The Chatham House Rule", agenda and participants subject to revision and change.

The Midlands Economic Forum is a registered limited liability company: Cardiff, number: 07025784 registered office: Beaufort Way, Aldridge WS9 0HJ

Contact Details

07738 324517