16 Jul 2013
UK: Annual PPI – Output rises 2% in June
FXstreet.com (Barcelona) - In the year to June 2013 UK PPI – Output n.s.a. grew 2% , in comparison with a increase of 1.2% the previous month, National Statistics reported today. Analysts expected slightly less growth of 1.9%.
On a monthly basis UK PPI – Output n.s.a. rose 0.1% in June, after remaining unchanged in May and against market consensus of another month of no change.
Annual UK PPI – Input n.s.a. rose 4.2% in June, compared with May's 1.8% increase, in line with consensus. Between May and June UK PPI – Input grew 0.2%, after falling 0.6% between April and May and against projections of dropping 0.2%.
Year-over-year PPI Core Output rose 1%, following 0.8% growth, slightly below consensus of 1.1%. On a monthly basis PPI core Output remained flat, following a 0.1% increase and against forecasts of another 0.1% rise.
On a monthly basis UK PPI – Output n.s.a. rose 0.1% in June, after remaining unchanged in May and against market consensus of another month of no change.
Annual UK PPI – Input n.s.a. rose 4.2% in June, compared with May's 1.8% increase, in line with consensus. Between May and June UK PPI – Input grew 0.2%, after falling 0.6% between April and May and against projections of dropping 0.2%.
Year-over-year PPI Core Output rose 1%, following 0.8% growth, slightly below consensus of 1.1%. On a monthly basis PPI core Output remained flat, following a 0.1% increase and against forecasts of another 0.1% rise.