10/20/2021, 8:01 AM (Source: TeleTrader)
more TeleTrader news

UK producer prices up by 6.7% in September

The headline rate of output inflation for goods leaving the factory gate in the United Kingdom grew by 6.7% in the 12 months to September 2021, just slightly below expectations, the Office for National Statistics (ONS) revealed in its report issued on Wednesday. In comparison to August, the figure advanced by 0.5%.

The headline rate of input prices gained 11.4% year-on-year and 11.2% month-on-month.

The document highlighted petroleum products and crude oil as major contributors to the figure's growth.

Baha Breaking News (BBN) / JR