uk producer price index july 2010

Producer prices July 2010

Date: 6 August 2010 Coverage: United Kingdom Theme: The Economy The output price index for home sales of manufactured products rose 5.0 per cent in the year to July, compared with a rise of 5.1 per cent in the year to June. The index rose 0.1 per cent between June and July, mainly reflecting price rises in food products, other manufactured products, and textile and clothing products. These rises were partially offset by a fall in the price of petroleum products. Changes in excise duties are estimated to have reduced the overall output index in July by less than 0.1 per cent. The output price index excluding excise duties rose 4.9 per cent in the year to July. The index rose 0.2 per cent between June and July. The output price index excluding food, beverages, tobacco and petroleum rose 4.7 per cent in the year to July. The index rose 0.2 per cent between June and July.

Output prices (home sales) Not seasonally adjusted

All manufactured

products

Excluding food,

beverages, tobacco and petroleum

All manufactured

products excluding duty

12 months

1 month 12 months 1 month 12 months

1 month

Percentage change 2010 Feb 4.2 0.3 3.0 0.4 3.8 0.3

Mar 5.0 0.9 3.7 0.8 4.6 0.9 Apr 5.9 1.6 4.5 1.2 5.4 1.4 May 5.5 0.1 4.4 0.1 5.3 0.2 Jun 5.1 -0.3 5.0 -0.1 5.0 -0.3 Jul 5.0 0.1 4.7 0.2 4.9 0.2

-4

-2

0

2

4

6

8

F M A N F M 2009 2010

All manufactured products

excl FBT & P

Output prices12 months percentage change

Statistical Bulletin: Producer prices, July 2010 |

Input prices: summary

Input prices (materials & fuel) manufacturing industry 12 months percentage change

-20

-15-10

-50

5

1015

20

F M A N F M 2009 2010

excl FBT & P

The input price index for materials and fuels purchased by manufacturing industry rose 10.8 per cent in the year to July but fell 1.0 per cent between June and July. The fall in the input index between June and July mainly reflected falls in the price of crude oil, home produced food products and imported metals. These falls were partially offset by a rise in the price of fuels (incl CCL). Prices of imported materials as a whole (including crude oil) fell 0.9 per cent between June and July. The input price index for manufacturing industry excluding the food, beverages, tobacco and petroleum industries rose 7.6 per cent in the year to July. Seasonally adjusted, the index rose 0.2 per cent between June and July.

Input prices1, 2

Materials and fuels

purchased

Excluding food, beverages, tobacco and petroleum industries

12 months(NSA)

1 month (NSA)

12 months (NSA)

1 month (NSA)

1 month (SA)

Percentage change

2010 Feb 7.8 0.8 2.4 0.5 0.8

Mar 10.5 3.8 4.4 2.5 1.3

Apr 12.9 0.3 6.3 -0.3 0.7

May 11.7 0.0 7.2 1.0 0.4

Jun 10.7 -0.3 7.3 -0.9 -0.3

Jul 10.8 -1.0 7.6 -0.1 0.2 NSA/SA not/seasonally adjusted 1 These indices include the Climate Change Levy which was introduced in June 2001 2 These indices include the Aggregates Levy which was introduced in June 2002


Revisions (Tables 8R and 9R) For this bulletin Tables 8R and 9R highlight revisions to movements in price indices previously published in last month’s Statistical Bulletin. These are mainly caused by changes to the most recent estimates as more price quotes are received and also revisions to seasonal adjustment factors, which are re-estimated every month.


Output prices: detail The contributions to movements in the total output index by the main product groups over the last year and month (not seasonally adjusted) are:

12 month change to July

Product group Percentage change

Food 1.2

Tobacco & alcohol 3.6

Textiles, clothing 1.9

Paper etc 3.2

Petroleum products 14.3

Chemical products 6.6

Metal products 2.8

Electrical & optical 6.7

Transport 2.7

Other products

Contribution to 12 months percentage change in total (5.0%)

1.19

0.50

1.31

0.22

0.21

0.36

0.19

0.31

0.55

0.16

0.0 0.4 0.8 1.2 1.6

Other products

Transport

Electrical & optical

Metal products

Chemical products

Petroleum products

Paper etc

Textiles, clothing

Tobacco & alcohol

Food

Percentage points

7.3

All manufacturing 5.0

1 month change to July Contribution to 1 month percentage change in total (0.1%)

0.11

-0.11

0.02

0.02

0.04

-0.01

0.03

0.02

0.04

-0.06

-0.2 -0.1 0.0 0.1 0.2

Other products

Transport

Electrical & optical

Metal products

Chemical products

Petroleum products

Paper etc

Textiles, clothing

Tobacco & alcohol

Food

Percentage points


Food 0.7 Tobacco & alcohol -0.5 Textiles, clothing 0.3 Paper etc 0.3 Petroleum products -1.0 Chemical products 0.4 Metal products 0.3 Electrical & optical 0.3 Transport -0.1 Other products

0.2

All manufacturing 0.1


Input prices: detail The contributions to movements in the total input index by the main commodities over the year and month (not seasonally adjusted) are:

Contribution to 12 months percentage change

in total (10.8%)

1.36

0.77

-0.05

1.50

0.33

-0.07

1.02

1.29

4.65

-2 0 2 4 6

Other imported materials

Imported parts & equipment

Imported chemicals

Imported metals

Other home-prod. materials

Imported food materials

Home food materials

Crude oil etc

Fuel incl. CCL

Percentage points



Fuel incl. CCL -0.5

Crude oil etc 23.5

Home food materials 6.7

Imported food materials 5.6

Other home-prod. materials -2.2

Imported metals 23.1

Imported chemicals 11.8

Imported parts & equipment 6.2

9.9


All manufacturing

10.8


Contribution to 1 month percentage change in total (-1.0%)

-0.09

0.16

-0.02

0.00

-0.13

0.01

-0.49

-0.01

-0.42

-0.6 -0.4 -0.2 0.0 0.2 0.4


Imported parts & equipment

Imported chemicals

Imported metals

Other home prod materials

Imported food materials

Home food materials

Crude oil etc

Fuel incl. CCL

Percentage points


Fuel incl. CCL 1.9 Crude oil etc -2.3 Home food materials -4.0 Imported food materials -0.4 Other home-prod. materials 0.0 Imported metals -2.0 Imported chemicals -0.1 Imported parts & equipment -0.5

0.1 Other imported materials

All manufacturing -1.0


Summary of statistics for producer prices – July 2010 Output prices The overall output price index rose 5.0 per cent in the year to July, compared with a rise of 5.1 per cent in the year to June. The index rose by 0.1 per cent between June and July 2010, compared with a rise of 0.2 per cent between June and July 2009. The rise in the index of 0.1 per cent between June and July was mainly due to price rises in food products, other manufactured products, and textile and clothing products. These rises were partially offset by a fall in the price of petroleum products. Food product prices rose 0.7 per cent between June and July, the largest monthly rise since December 2009 when the index also rose 0.7 per cent. The monthly rise included a rise of 4.3 per cent in the price of fresh and preserved meat, except poultry. Food product prices rose 1.2 per cent in the year to July, the highest annual rate since December 2009 when the index rose 1.6 per cent. Other manufactured product prices rose 0.2 per cent between June and July and rose by 7.3 per cent in the year to July. The monthly rise included a 0.5 per cent rise in the price of furniture and other manufactured products not elsewhere classified, in particular chairs and seats. Textile and clothing product prices rose 0.3 per cent between June and July, and rose 1.9 per cent in the year to July. This is the highest annual rate since records began in October 1998. The monthly rise was mainly due to a 0.4 per cent rise in the price of clothing products. Petroleum products fell 1.0 per cent between June and July but rose 14.3 per cent in the year to July. The monthly fall was mainly due to a 2.3 per cent fall in the price of gas oil and diesel, and a 0.7 per cent fall in the price of unleaded petrol. The output price index for manufactured products excluding food, beverages, tobacco and petroleum rose 4.7 per cent in the year to July, compared with a rise of 5.0 per cent in the year to June. This index is not affected by changes in excise duty. The index rose 0.2 per cent between June and July 2010 compared with a rise of 0.5 per cent between June and July 2009. The output price index for all manufactured products excluding excise duties is shown in Table 3 of the Statistical Bulletin. This index rose 4.9 per cent in the year to July, compared with a rise of 5.0 per cent in the year to June. The index excluding excise duties rose 0.2 per cent between June and July 2010, compared with a rise of 0.3 per cent June and July 2009.


Input prices The overall input index rose 10.8 per cent in the year to July, compared with a rise of 10.7 per cent in the year to June (Table 5).

The input index for all manufacturing fell 1.0 per cent between June and July compared with a fall of 1.1 per cent between June and July 2009. The monthly fall in the input index between June and July mainly reflected falls in the price of crude oil, home produced food products, and imported metals. These falls were partially offset by an increase in the price of fuels (inc CCL).

Crude oil prices fell 2.3 per cent in the month to July but rose 23.5 per cent in the year to July.

Home produced food prices fell 4.0 per cent between June and July, the largest monthly fall since July 2009 when the index fell 4.3 per cent. The monthly fall was mainly due to a seasonal fall of 25.2 per cent in the price of home produced potatoes. Home produced food prices rose 6.7 per cent in the year to July, the highest annual rate since October 2008 when the index rose 12.3 per cent. Imported metal prices fell 2.0 per cent between June and July, but rose 23.1 per cent in the year to July. The monthly fall was mainly due to a 2.5 per cent fall in the price of basic precious and non-ferrous metals, and a 1.5 per cent fall in the price of basic iron and steel and ferro-alloys. Fuel (inc CCL) prices rose 1.9 per cent between June and July, but fell 0.5 per cent in the year to July. The monthly rise was mainly due to an 8.0 per cent rise in the price of gas (inc CCL). The index for materials and fuels purchased by manufacturing industry excluding the food, beverages, tobacco and petroleum industries rose 0.2 per cent in seasonally adjusted terms between June and July. The unadjusted index rose 7.6 per cent in the year to July, compared to a rise of 7.3 per cent in the year to June (Table 5). This is the highest annual rate since February 2009, when the index rose 8.9 per cent.

More information on producer prices can be found at: www.statistics.gov.uk/ppi.

http://www.statistics.gov.uk/ppi


July records – Output prices

All manufactured products

Annual rate 5.0%, down from 5.1% last month. Also 5.0% in March 2010. Last lower in February 2010 (4.2%). Monthly rate 0.1% up from -0.3% last month. Also 0.1% in May 2010. Last higher in April 2010 (1.6%).

Excluding food, beverages, tobacco and petroleum

Annual rate 4.7%, down from 5.0% last month. Last lower in May 2010 (4.4%). Monthly rate 0.2% up from -0.1% last month. Last higher in April 2010 (1.2%).

All manufactured products excluding duty

Annual rate 4.9%, down from 5.0% last month. Last lower in March 2010 (4.6%). Monthly rate 0.2% up from -0.3% last month. Also 0.2% in May 2010. Last higher in April 2010 (1.4%).

Food

Annual rate 1.2%, up from 0.0% last month. Last higher in December 2009 (1.6%). Monthly rate 0.7% up from -0.7% last month. Also 0.7% in December 2009 and August 2008. Last higher in June 2008 (1.1%).

Tobacco and alcohol Annual rate 3.6%, down from 4.8% last month. Last lower in January 2010 (3.5%). Monthly rate -0.5% unchanged from last month. Last lower in August 2009 (-0.6%).

Textiles, clothing

Annual rate 1.9%, up from 1.4% last month. This is the highest annual rate since records began (October 1998). Monthly rate 0.3% unchanged from last month. Last higher in March 2009 (0.5%).

Paper etc Annual rate 3.2%, up from 2.7% last month. Last higher in May 2009 (3.3%). Monthly rate 0.3% down from 0.5% last month. Last lower in March 2010 (0.2%).

Petroleum products Annual rate 14.3%, down from 15.8% last month. Last lower in November 2009 (8.4%). Monthly rate -1.0% up from -1.9% last month. Last high in May 2010 (-0.2%).

Chemical products Annual rate 6.6%, down from 7.3% last month. Last lower in May 2010 (5.8%).

Metal products Annual rate 2.8%, up from 2.5% last month. Last higher in May 2009 (3.4%).

Electrical and optical Annual rate 6.7%, down from 6.8% last month. Last lower in April 2010 (6.5%).

Transport

Annual rate 2.7%, down from 2.9% last month. Last lower in May 2010 (2.6%). Monthly rate -0.1% down from 0.1% last month. Also -0.1% in April 2010. Last lower in August 2009 (-0.4%).

Other products Annual rate 7.3%, down from 7.9% last month. Last lower in March 2010 (5.6%). Monthly rate 0.2% up from -0.9% last month. Last higher in April 2010 (3.9%).


July records – Input Prices

Materials and fuels purchased Annual rate 10.8%, up from 10.7% last month. Last higher in May 2010 (11.7%). Monthly rate -1.0% down from -0.3% last month. Last lower in July 2009 (-1.1%).

Excluding food, beverages, tobacco and petroleum industries

Annual rate 7.6%, up from 7.3% last month. Last higher in February 2009 (8.9%). Monthly rate -0.1% up from -0.9% last month. Last higher in May 2010 (1.0%).

Fuel including climate change levy Annual rate -0.5%, up from -3.2% last month. Last higher June 2009 (0.0%). Monthly rate 1.9% up from -0.3% last month. Last higher in May 2010 (4.5%).

Crude oil etc Annual rate 23.5%, up from 22.7% last month. Last higher in May 2010 (38.4%). Monthly rate -2.3% down from -1.5% last month. Last lower in May 2010 (-6.5%).

Home food materials Annual rate 6.7%, up from 6.3% last month. Last higher in October 2008 (12.3%). Monthly rate -4.0%, down from 4.3% last month. Last lower July 2009 (-4.3%).

Imported food materials Annual rate 5.6%, up from 4.5% last month. Last higher in June 2009 (6.7%). Monthly rate -0.4%, up from -0.7% last month.

Other home-produced materials Annual rate -2.2%, down from -0.2% last month. Last lower in May 2010 (-2.9%).

Imported metals Annual rate 23.1%, down from 26.8% last month. Last lower in March 2010 (16.5%). Monthly rate -2.0%, up from -2.9% last month.

Imported chemicals Annual rate 11.8%, up from 11.1% last month. Last higher in March 2009 (12.7%). Annual rate 6.2%, down from 7.0% last month. Last lower in May 2010 (5.2%). Monthly rate -0.5% unchanged from last month. Last lower in April 2010 (-0.8%).

Imported parts and equipment

Annual rate 9.9%, down from 10.1% last month. Last lower in May 2010 (9.2%).



Background Notes BASIC QUALITY INFORMATION Key issues to this specific release 1. The output PPI for July 2010 was affected by Budget decreases in taxation of alcohol

products (coming into effect from 30 June). If passed on immediately, and in full, these changes in excise duty are estimated to have reduced the overall output index by less than 0.1 per cent in July.

Link to Summary Quality Report

2. A Summary Quality Report for the PPI can be found at: http://www.ons.gov.uk/about-statistics/methodology-and-quality/quality/qual-info-economic-

social-and-bus-stats/quality-reports-for-business-statistics/summary-quality-report-for-producer-price-indices.pdf This report describes, in detail, the intended uses of the statistics presented in this publication, their general quality and the methods used to produce them.

Relevance to users

Implementation of SIC 2007 in ONS: Update on PPIs and SPPIs

3. Producer prices (PPI) and Service Producer Prices (SPPI) will both implement the change to the Standard Industrial Classification 2007 (SIC 2007) in November 2010. Fundamental changes have been made to the classification of the PPI Trade surveys, Import Price indices (IPI) and Export Price Indices (EPI). As part of the reclassification project the classification of these trade surveys will become compliant with Eurostat’s Short Term Statistics Regulation. The collection of IPI and EPI will now be on an SIC basis, a switch from the Standard International Trade Classification (SITC), and Combined Nomenclature (CN) previously used.

The most significant change to PPI output prices involves the reclassification of ‘recovered secondary raw materials’, and ‘publishing’. These will no longer be classified in the manufacturing sector, but will now be classified under services. In addition to this, a new SIC division, ‘repair, installation and maintenance of machinery and equipment’ has been created. Under SIC 2003 these activities were classified within the output of manufacturing, but as part of the specific industries where this activity took place. For SPPI, apart from adopting ‘recovered secondary raw materials’, and ‘publishing’, changes resulting form the implementation of SIC 2007 will be largely cosmetic.

http://www.ons.gov.uk/about-statistics/methodology-and-quality/quality/qual-info-economic-social-and-bus-stats/quality-reports-for-business-statistics/summary-quality-report-for-producer-price-indices.pdf




Further information on the changes and impact of the SIC 2007 on prices will be available

in this section and in future ELMR articles. Any comments about this work and its impact on PPIs please contact [email protected] . More general information on UK SIC 2007 can be found by following this link: http://www.statistics.gov.uk/statbase/Product.asp?vlnk=14012

4. Index numbers shown in the main text of this Statistical Bulletin are on a net sector basis. The index for any sector relates only to transactions between that sector and other sectors, sales and purchases within sectors are excluded. However, the more detailed figures shown in Tables 4 and 6 are on a gross basis; that is, intra Industry sales and purchases are included in each of these indices.

5. Indices relate to average prices for a month. The full effect of a price change occurring partway through any month will only be reflected in the following month’s index.

6. All index numbers exclude VAT. Excise duties (on cigarettes, manufactured tobacco, alcoholic liquor and petroleum products) are included, except where labelled otherwise. Since PPIs exclude VAT, they are not affected by the increase in the standard rate of VAT to 17.5 per cent from 1 January 2010.

7. Following a regular review, it has been determined that the output price indices and the main input index for materials and fuel (all manufacturing) no longer display a significant seasonal pattern; therefore these series will no longer be published in seasonally adjusted form. The series for material and fuel (excluding food beverages, tobacco and petroleum) will continue to be seasonally adjusted.

8. The detailed input indices of prices of materials and fuels purchased by industry (Table 6) do not include the Climate Change Levy (CCL). This is because each industry can, in practice, pay its own rate for the various forms of energy, depending on the various negotiated discounts and exemptions that apply.

Common pitfalls in interpreting series

9. Expectations of accuracy and reliability in sample surveys are often too high. Revisions and sampling variability are inevitable consequences of the trade between timeliness, accuracy and the burden on respondents. Details of sampling variability are included elsewhere in this bulletin.

10. Very few statistical revisions arise as a result of ‘errors’ in the popular sense of the word. All estimates, by definition, are subject to statistical ‘error’ but, in this context, the word refers to the uncertainty in any process or calculation that uses sampling, estimation or modelling. Most revisions reflect either the adoption of new statistical techniques or the incorporation of new information which allows the statistical error of previous estimates to be reduced.

mailto:[email protected]

http://www.statistics.gov.uk/statbase/Product.asp?vlnk=14012


Only rarely are there avoidable ‘errors’ such as human or system failures, and such mistakes are made quite clear when they are discovered and corrected.

Accuracy

11. Figures for the latest two months are provisional and the latest five months are subject to revisions in light of (a) late and revised respondent data and (b), for the seasonally adjusted series, revisions to seasonal adjustment factors which are re-estimated every month. Producer prices published in November 2010 will have implemented the United Kingdom Standard Industrial Classification of All Economic Activities 2007 (UK SIC 2007).There are no other planned methodological changes in the next 12 months. A routine seasonal adjustment review is conducted in the autumn annually, but for 2009 and 2010 this review will be incorporated as part of the SIC 2007 re-classification project.

Revisions

12. Revisions to data provide one indication of the reliability of key indicators. The tables below show summary information on the size and direction of the revisions which have been made to the data covering a five year period. A statistical test has been applied to the average revision to find out if it is statistically significantly different from zero. An asterisk (*) shows that the test is significant.

13. The table below presents a summary of the differences between the first estimates published between July 2004 and June 2009 and the estimates published 12 months later. These numbers include the effect of rebasing onto 2005=100 in October 2008. For more information see: http://www.statistics.gov.uk/articles/economic_trends/ETAugMorris.pdf

Revisions between first publication and estimates twelve months later

Value in

latest period Revisions between first publication and

estimates twelve months later

Average over the last 5 years

Average over the last 5 years without regard to sign (average absolute revision)

Total output (PLLU)

12 months % 5.0 -0.01 0.08

Total output (PLLU)

1 months % 0.1 0.04* 0.08*

Total input (RNNK) 12 months %

10.8 0.46* 0.74*

Total input (RNNK) -1.0 0.17*

1 months % 0.49*

http://www.statistics.gov.uk/articles/economic_trends/ETAugMorris.pdf


14. Spreadsheets giving revisions triangles of estimates for all months from January 1998

through to June 2010 and the calculations behind the averages in the table is available on the National Statistics website at: http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=790

PUBLICATION POLICY

15. The complete run of data in the tables of this Statistical Bulletin are also available to view and download in other electronic formats free of charge using the National Statistics Time Series Data website service. Users can download the complete release in a choice of zipped formats or view and download their own selections of individual series. The Time Series Data service can be accessed at: http://www.statistics.gov.uk/statbase/tsdintro.asp

16. Details of the policy governing the release of new data are available from the press office. Also available is a list of the names of those given pre-publication access to the contents of this Statistical Bulletin. In the light of the timing of the MPC meeting, the PPI is provided to the Bank of England at 9.30am on Thursday in line with release protocols.

17. National Statistics are produced to high professional standards set out in the Code of

Practice for Official Statistics. They undergo regular quality assurance reviews to ensure that they meet customer needs. They are produced free from any political interference. © Crown Copyright 2010.

………………………………………………………………………………………………………… Next publication: 10 September 2010 Issued by: Office for National Statistics, Government Buildings, Cardiff Road, Newport NP10 8XG Media contact: Tel Media Relations Office 0845 6041858 Emergency on-call 07867 906553 E-mail [email protected] Statistical contact: Tel Simon Woodsford +44 (0)1633 455917 E-mail [email protected] Website: www.statistics.gov.uk/default.asp

http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=790

http://www.statistics.gov.uk/statbase/tsdintro.asp



http://www.statistics.gov.uk/default.asp

1 Output prices: summary (not seasonally adjusted)

2005=100

Manufactured products Manufactur ing other than Food, beverages and Petroleum productsfood, beverages, tobacco tobacco productsand petroleum products

Index percentage Index percentage Index percentage Index percentagechange over change over change over change over

(2005 (2005 (2005 (2005= 100) 1 mth 12 mths = 100) 1 mth 12 mths = 100) 1 mth 12 mths = 100) 1 mth 12 mths

PLLU PLLV RBGA RPVU2010 Jan 116.5 0.4 3.8 112.8 0.4 2.6 121.9 − 1.4 129.0 1.3 20.0

Feb 116.9 0.3 4.2 113.2 0.4 3.0 122.2 0.2 1.6 129.0 − 20.2Mar 117.9 0.9 5.0 114.1 0.8 3.7 122.0 −0.2 1.2 134.3 4.1 25.0Apr 119.8 1.6 5.9 115.5 1.2 4.5 123.1 0.9 1.8 140.3 4.5 25.5May 119.9 0.1 5.5 115.6 0.1 4.4 123.6 0.4 1.9 140.0 −0.2 22.9Jun 119.5p −0.3 5.1 115.5p −0.1 5.0 122.9p −0.6 1.1 137.3p −1.9 15.8

Jul 119.6p 0.1 5.0 115.7p 0.2 4.7 123.5p 0.5 1.9 135.9p −1.0 14.3

p = provisionalr = revised

2 Input prices: including Climate Change Levysummar y (not seasonally adjusted)1

2005=100

All manufactur ing industr y

Mater ials and fuel purchased Mater ials purchased Fuel purchased

Index percentage Index percentage Index percentagechange over change over change over

(2005 (2005 (2005= 100) 1 mth 12 mths = 100) 1 mth 12 mths = 100) 1 mth 12 mths

RNNK PLKX RNNL2010 Jan 139.2 1.5 7.7 136.8 1.5 12.0 164.0 1.4 −18.9

Feb 140.3 0.8 7.8 138.4 1.2 11.9 160.6 −2.1 −18.4Mar 145.7 3.8 10.5 144.3 4.3 14.2 160.1 −0.3 −14.9Apr 146.1r 0.3 12.9 146.3r 1.4 16.2 144.2r −9.9 −13.1May 146.1 − 11.7 145.7 −0.4 14.1 150.7 4.5 −7.3Jun 145.6p −0.3 10.7 145.2p −0.3 12.3 150.2p −0.3 −3.2

Jul 144.1p −1.0 10.8 143.2p −1.4 12.1 153.1p 1.9 −0.5

1 The Climate Change Levy was introduced in April 2001.See Background Notes for more details.p = provisionalr = revised

3 Output prices

2005=100

Excluding food, beverages, tobacco and All manufactured products (excluding exciseAll manufactured products petroleum products duties)

not seasonally adjusted not seasonally adjusted not seasonally adjusted

Index percent change Index percent change Index Percentageover over change over

(2005 1 12 (2005 1 12 (2005 = 100) 1 month 12 months= 100) month months = 100) month months

PLLU PLLV PVNP2007 Jan 102.6 0.2 1.5 102.6 0.4 1.6 102.5 0.2 1.4

Feb 103.0 0.4 1.9 103.1 0.5 2.0 103.0 0.5 1.8Mar 103.7 0.7 2.2 103.6 0.5 2.2 103.7 0.7 2.1Apr 104.0 0.3 1.8 103.6 − 1.8 103.9 0.2 1.8May 104.4 0.4 1.9 103.6 − 1.9 104.2 0.3 1.8Jun 104.6 0.2 1.9 103.6 − 1.7 104.4 0.2 1.9

Jul 104.9 0.3 2.0 103.8 0.2 1.8 104.7 0.3 1.8Aug 105.0 0.1 2.1 103.9 0.1 2.0 104.8 0.1 1.9Sep 105.3 0.3 2.6 104.0 0.1 1.9 105.2 0.4 2.5Oct 106.0 0.7 3.6 104.1 0.1 1.8 105.7 0.5 3.3Nov 106.8 0.8 4.5 104.2 0.1 1.9 106.5 0.8 4.2Dec 107.2 0.4 4.7 104.4 0.2 2.2 106.9 0.4 4.5

2008 Jan 108.4 1.1 5.7 105.7 1.2 3.0 108.2 1.2 5.6Feb 108.9 0.5 5.7 106.0 0.3 2.8 108.7 0.5 5.5Mar 110.1 1.1 6.2 106.6 0.6 2.9 109.8 1.0 5.9Apr 111.7 1.5 7.4 107.8 1.1 4.1 111.3 1.4 7.1May 113.9 2.0 9.1 109.4 1.5 5.6 113.7 2.2 9.1Jun 114.8 0.8 9.8 109.7 0.3 5.9 114.7 0.9 9.9

Jul 115.4 0.5 10.0 110.3 0.5 6.3 115.3 0.5 10.1Aug 114.6 −0.7 9.1 109.8 −0.5 5.7 114.5 −0.7 9.3Sep 114.3 −0.3 8.5 109.8 − 5.6 114.4 −0.1 8.7Oct 113.1 −1.0 6.7 109.3 −0.5 5.0 113.0 −1.2 6.9Nov 112.1 −0.9 5.0 109.4 0.1 5.0 112.1 −0.8 5.3Dec 112.1 − 4.6 109.6 0.2 5.0 111.5 −0.5 4.3

2009 Jan 112.2 0.1 3.5 109.9 0.3 4.0 111.7 0.2 3.2Feb 112.2 − 3.0 109.9 − 3.7 111.7 − 2.8Mar 112.3 0.1 2.0 110.0 0.1 3.2 111.8 0.1 1.8Apr 113.1 0.7 1.3 110.5 0.5 2.5 112.4 0.5 1.0May 113.6 0.4 −0.3 110.7 0.2 1.2 112.7 0.3 −0.9Jun 113.7 0.1 −1.0 110.0 −0.6 0.3 112.7 − −1.7

Jul 113.9 0.2 −1.3 110.5 0.5 0.2 113.0 0.3 −2.0Aug 114.2 0.3 −0.3 110.7 0.2 0.8 113.3 0.3 −1.0Sep 114.8 0.5 0.4 111.2 0.5 1.3 113.7 0.4 −0.6Oct 115.1 0.3 1.8 111.6 0.4 2.1 114.1 0.4 1.0Nov 115.4 0.3 2.9 111.6 − 2.0 114.3 0.2 2.0Dec 116.0 0.5 3.5 112.3 0.6 2.5 115.1 0.7 3.2

2010 Jan 116.5 0.4 3.8 112.8 0.4 2.6 115.5 0.3 3.4Feb 116.9 0.3 4.2 113.2 0.4 3.0 115.9 0.3 3.8Mar 117.9 0.9 5.0 114.1 0.8 3.7 116.9 0.9 4.6Apr 119.8 1.6 5.9 115.5 1.2 4.5 118.5 1.4 5.4May 119.9 0.1 5.5 115.6 0.1 4.4 118.7 0.2 5.3Jun 119.5p −0.3 5.1 115.5p −0.1 5.0 118.3p −0.3 5.0

Jul 119.6p 0.1 5.0 115.7p 0.2 4.7 118.5p 0.2 4.9

p provisionalr revisedPVNP series excludes excise duties payable on tobacco products, alcoholicliquor and petroleum products.

4 Output prices: detailed by product (not seasonally adjusted)all manufactured and selected products

2005=100

% change % change1 month 12 months

2010 2010 2010 2010 2010 2010 2010 2010 2010Mar Apr May Jun Jul Jun Jul Jun Jul

Net sector

Output of manufactured products PLLU 117.9 119.8 119.9 119.5p 119.6p −0.3 0.1 5.1 5.0

All manufactur ing excl. duty PVNP 116.9 118.5 118.7 118.3p 118.5p −0.3 0.2 5.0 4.9

Products of manufactur ing industr ies PLLV 114.1 115.5 115.6 115.5p 115.7p −0.1 0.2 5.0 4.7other than food, beverages, petroleum and tobacco-unadjusted

Gross Sector

Food products, bev erages & tobacco including duty RBGA 122.0 123.1 123.6 122.9p 123.5p −0.6 0.5 1.1 1.9

Food products & beverages including duty RPUN 121.7 122.5 123.1 122.3p 122.9p −0.6 0.5 0.5 1.4

Food products excluding beverages RBGD 121.8 122.2 122.7 121.9p 122.8p −0.7 0.7 − 1.2

Tobacco products including duty RPUS 124.8 128.1 128.1 128.1p 128.1p − − 6.0 6.0

Te xtiles POKZ 107.9 108.1 108.3 108.3p 108.4p − 0.1 1.3 1.5

Wear ing apparel POLA 102.5 102.6 102.6 102.6p 103.0p − 0.4 −0.2 0.2

Leather & leather products POKJ 109.3 110.0 110.6 112.3p 113.0p 1.5 0.6 8.1 9.8

Wood & wood products POKK 121.5 122.5 123.6 123.9p 125.1p 0.2 1.0 4.7 5.8

Pulp, paper & paper products POLD 112.0r 114.3r 115.4 116.0p 117.4p 0.5 1.2 4.6 6.4

Pr inted matter & recorded media POLE 110.6 110.8 111.0 111.7p 111.6p 0.6 −0.1 2.1 2.1

Petroleum products including duty RPVU 134.3 140.3 140.0 137.3p 135.9p −1.9 −1.0 15.8 14.3

Chemicals, chemical, products & manmade fibres POKN 126.7 127.8r 128.6 128.7p 129.2p 0.1 0.4 7.3 6.6

Rubber & plastic products POKO 112.7 113.1 113.2 113.6p 114.1p 0.4 0.4 3.2 3.4

Other non metallic mineral products POKP 119.5 119.6r 119.5 119.5p 119.7p − 0.2 1.5 1.8

Fabr icated metal products, except machinery POLK 116.0 116.3 117.9 117.6p 118.1p −0.3 0.4 3.5 4.4and equipment

Machiner y and equipment n.e.c. POKR 114.0 114.0 114.3 114.2p 114.4p −0.1 0.2 0.9 1.0

Office machinery and computers POLM 100.1 98.9 101.8 101.1p 99.6p −0.7 −1.5 25.7 23.0

Electr ical machiner y and apparatus n.e.c. POLN 116.5 117.2 118.2 118.5p 118.1p 0.3 −0.3 5.7 5.3

Radio, television and communication POLO 95.3 96.4 96.5 97.0p 98.0p 0.5 1.0 4.5 4.7equipment and apparatus

Medical precision and optical instruments, POLP 106.4 106.4 106.2 106.7p 107.2p 0.5 0.5 1.0 1.7watches and clocks

Motor vehicles, trailers and semi-trailers POLQ 112.2 112.1 111.8 111.9p 111.9p 0.1 − 1.8 1.6

Other transpor t POLR 125.3 125.5 126.7 126.8p 126.5p 0.1 −0.2 6.7 6.4

Fur niture: other manufactured goods n.e.c. POLS 111.9 112.4 112.8 113.9p 114.5p 1.0 0.5 3.6 4.2

Recovered secondary raw mater ials QTBM 187.6 231.8 217.9 200.2p 198.9p −8.1 −0.6 45.8 34.8

p=provisionalr=revised

5 Input prices: including Climate Change Levy1

materials and fuels purchased2005=100

All manufactur ing industr ies Excluding food, beverages, tobacco and petroleum industries

not seasonally adjusted not seasonally adjusted seasonally adjusted

Index percent change Index percentage change Index percentage changeover over over

(2005 1 12 (2005 1 12 (2005 1 12= 100) month months = 100) month months = 100) month months

RNNK RNNQ RNPF2007 Jan 105.6 −3.5 −3.4 106.5 −1.6 −0.5 106.0 −1.3 −0.5

Feb 106.9 1.2 −2.1 107.0 0.5 −0.2 106.8 0.8 −0.2Mar 109.5 2.4 −0.3 108.2 1.1 1.0 107.7 0.8 1.1Apr 109.7 0.2 −1.5 107.3 −0.8 − 107.1 −0.6 −May 110.1 0.4 0.6 108.0 0.7 1.9 107.9 0.7 1.7Jun 111.4 1.2 1.7 108.3 0.3 2.2 108.5 0.6 2.0

Jul 112.7 1.2 0.3 108.3 − 0.6 108.0 −0.5 0.6Aug 111.3 −1.2 −0.2 108.0 −0.3 1.0 108.8 0.7 1.0Sep 113.8 2.2 6.0 109.3 1.2 3.6 110.8 1.8 3.6Oct 117.0 2.8 9.4 111.4 1.9 4.6 112.3 1.4 4.8Nov 121.4 3.8 12.1 113.9 2.2 5.6 113.7 1.2 5.9Dec 123.8 2.0 13.2 115.7 1.6 6.9 115.3 1.4 7.4

2008 Jan 127.1 2.7 20.4 118.2 2.2 11.0 117.9 2.3 11.2Feb 129.2 1.7 20.9 119.7 1.3 11.9 119.8 1.6 12.2Mar 132.3 2.4 20.8 121.9 1.8 12.7 121.8 1.7 13.1Apr 137.4 3.9 25.3 125.1 2.6 16.6 125.3 2.9 17.0May 143.4 4.4 30.2 128.4 2.6 18.9 128.4 2.5 19.0Jun 149.4 4.2 34.1 131.1 2.1 21.1 131.1 2.1 20.8

Jul 148.0 −0.9 31.3 131.4 0.2 21.3 131.2 0.1 21.5Aug 143.6 −3.0 29.0 130.5 −0.7 20.8 131.3 0.1 20.7Sep 141.2 −1.7 24.1 130.6 0.1 19.5 131.7 0.3 18.9Oct 135.7 −3.9 16.0 130.2 −0.3 16.9 130.8 −0.7 16.5Nov 131.2 −3.3 8.1 130.0 −0.2 14.1 129.8 −0.8 14.2Dec 127.8 −2.6 3.2 130.3 0.2 12.6 129.9 0.1 12.7

2009 Jan 129.2 1.1 1.7 131.0 0.5 10.8 130.3 0.3 10.5Feb 130.2 0.8 0.8 130.4 −0.5 8.9 130.2 −0.1 8.7Mar 131.8 1.2 −0.4 131.1 0.5 7.5 129.9 −0.2 6.7Apr 129.4 −1.8 −5.8 128.4 −2.1 2.6 128.3 −1.2 2.4May 130.8 1.1 −8.8 128.6 0.2 0.2 128.0 −0.2 −0.3Jun 131.5 0.5 −12.0 127.3 −1.0 −2.9 127.3 −0.5 −2.9

Jul 130.0 −1.1 −12.2 126.9 −0.3 −3.4 127.1 −0.2 −3.1Aug 132.6 2.0 −7.7 127.8 0.7 −2.1 128.7 1.3 −2.0Sep 132.5 −0.1 −6.2 129.0 0.9 −1.2 130.0 1.0 −1.3Oct 136.4 2.9 0.5 131.4 1.9 0.9 131.9 1.5 0.8Nov 136.7 0.2 4.2 131.1 −0.2 0.8 131.2 −0.5 1.1Dec 137.2 0.4 7.4 131.7 0.5 1.1 131.8 0.5 1.5

2010 Jan 139.2 1.5 7.7 132.8 0.8 1.4 132.5 0.5 1.7Feb 140.3 0.8 7.8 133.5 0.5 2.4 133.6 0.8 2.6Mar 145.7 3.8 10.5 136.9 2.5 4.4 135.4 1.3 4.2Apr 146.1r 0.3 12.9 136.5 −0.3 6.3 136.3 0.7 6.2May 146.1 − 11.7 137.9 1.0 7.2 136.9 0.4 7.0Jun 145.6p −0.3 10.7 136.6p −0.9 7.3 136.5p −0.3 7.2

Jul 144.1p −1.0 10.8 136.5p −0.1 7.6 136.8p 0.2 7.6

1 The Climate Change Levy was introduced in April 2001.See Background Notes for more details.p = provisionalr = revised

6 Input prices: excluding Climate Change Levy1

materials and fuels purchased by selected industries (not seasonally adjusted)2005=100



Gross sector

Other mining & quarrying products RABE 132.3r 130.5r 131.5 131.1p 130.4p −0.3 −0.5 2.4 −0.8

Manufacture of food products RBBQ 129.5 129.0r 131.4 132.0p 131.5p 0.5 −0.4 2.6 4.0

Food products and beverages RABF 127.2r 125.9r 127.2 126.1p 127.0p −0.9 0.7 −0.3 0.5

Tobacco products RABG 131.3 131.0r 133.1 134.4p 133.4p 1.0 −0.7 3.7 5.2

Manufacture of textiles RBBR 118.8r 118.5 119.4 118.9p 119.6p −0.4 0.6 4.4 5.2

Te xtiles RABH 120.9r 119.8r 121.3 121.1p 122.0p −0.2 0.7 5.0 6.2

Wear ing apparel RABI 115.4 116.5 116.5 115.4p 115.8p −0.9 0.3 3.3 3.7

Manufacture of leather RBBS 121.8 122.2 123.4 123.0p 123.8p −0.3 0.7 3.5 5.4

Manufacture of wood and wood products RBBT 127.0r 127.1 128.7 128.9p 129.8p 0.2 0.7 7.3 8.4

Manufacture of pulp paper & paper products, RBBU 121.2r 120.7r 122.1 122.6p 123.4p 0.4 0.7 4.3 5.4publishing and printing

Pulp and paper products RABL 125.8r 124.8r 127.1 127.6p 128.9p 0.4 1.0 5.5 7.1

Pr inted matter and recording material RABM 118.0r 117.8r 118.7 119.2p 119.7p 0.4 0.4 3.6 4.3

Manufacture of coke, refined petroleum products RBBV 173.7 181.3 170.4 167.9p 164.2p −1.5 −2.2 21.5 22.1and nuclear fuel

Manufacture of chemical products RBBW 133.4 133.2r 135.7 133.7p 135.6p −1.5 1.4 6.8 7.8

Manufacture of rubber and plastic products RBBX 129.0 129.4 131.0 130.6p 130.7p −0.3 0.1 11.5 9.9

Manufacture of other non-metallic mineral products RBBY 131.0r 128.0r 130.5 130.0p 130.7p −0.4 0.5 2.8 3.2

Manufacture of basic metals and fabr icated RBBZ 136.6 144.3 145.2 144.0p 143.7p −0.8 −0.2 16.8 15.4metal products

Basic metals RABV 145.7 154.9 154.9 151.9p 151.4p −1.9 −0.3 18.5 16.1

Fabr icated metal products RABW 131.1 134.9 137.2 137.7p 137.7p 0.4 − 12.3 12.0

Manufacture of machinery and equipment n.e.c. RBCA 124.6 125.8 127.1 127.4p 127.4p 0.2 − 7.0 6.9

Manufacture of electrical and optical equipment RBCB 115.5 115.6 116.6 116.9p 116.9p 0.3 − 5.7 4.9

Office machinery and computers RABY 112.2 112.4 114.1 115.1p 114.5p 0.9 −0.5 11.3 9.5

Electr ical machiner y and apparatus n.e.c. RACB 122.2 122.6 123.7 123.6p 123.5p −0.1 −0.1 6.1 5.6

Radio, television and communication equipment RACC 112.0 111.9 112.6 112.9p 113.2p 0.3 0.3 3.1 2.6

Medical, precision, optical instruments and clocks RACD 114.7 114.7 115.3 115.4p 115.7p 0.1 0.3 3.2 2.7

Manufactur ing of transpor t equipment RBCC 121.8 122.0 122.7 122.5p 122.4p −0.2 −0.1 6.3 6.0

Motor vehicles, trailers and semi trailers RACE 121.1 121.3 121.8 121.6p 121.6p −0.2 − 5.7 5.5

Other transpor t equipment RACF 123.3 123.6 124.6 124.4p 124.0p −0.2 −0.3 7.7 7.2

Manufactur ing n.e.c. RBCD 124.9 126.2 127.5 127.3p 127.8p −0.2 0.4 8.1 8.1

1 The Climate Change Levy cannot be included in this table.p = provisionalr = revisedSee Background Notes for more details.

7 Input prices:detailed by commodity (not seasonally adjusted)

2005=100



Fuel inc. CCL1 RNNL 160.1 144.2r 150.7 150.2p 153.1p −0.3 1.9 −3.2 −0.5

Electr icity inc. CCL RCVR 186.3 173.7 173.2 172.9p 171.7p −0.2 −0.7 −4.3 −9.7

Gas inc. CCL RCVW 120.7 99.8 117.2 116.6p 125.9p −0.5 8.0 0.7 27.3

Cr ude petroleum oils and crude oils obtained from bituminous QWYK 177.7 185.9 173.8 171.2p 167.2p −1.5 −2.3 22.7 23.5minerals

HOME PRODUCED MATERIALS

Home produced food materials YZYM 137.6r 137.2r 143.1 149.2p 143.2p 4.3 −4.0 6.3 6.7

Animals for slaughter PNDE 157.0 157.2 154.9 153.5p 153.5p −0.9 − −2.3 0.9

Other home produced materials PVEV 128.5r 127.9r 127.5 127.9p 127.9p 0.3 − −0.2 −2.2

IMPORTED MATERIALS

Impor ted mater ials - total (Incl Crude Oil) PVNN 143.0 144.8 144.4 142.9p 141.6p −1.0 −0.9 12.8 12.3

Impor ted food materials PTUS 147.2 146.6 148.5 147.5p 146.9p −0.7 −0.4 4.5 5.6

All meat and meat preparations PVNY 136.6rB 137.7rB 139.8 B 140.1pB 141.0pB 0.2 0.6 −5.0 0.9

Cereals and cereal preparations PVOG 201.2 B 196.7 B 197.1 B 185.0pB 189.0pB −6.1 2.2 −5.2 −1.3

Impor ted metals PVEW 152.4 159.6 163.7 159.0p 155.8p −2.9 −2.0 26.8 23.1

Iron and steel PSTZ 136.6 B 145.0 B 151.6 B 149.5pB 146.9pB −1.4 −1.7 30.2 24.2

Non-ferrous metals PSVH 179.4 B 185.8 B 186.6 B 179.5pB 174.9pB −3.8 −2.6 25.3 23.8

Impor ted chemicals PVEX 135.9 136.4 140.2 139.0p 138.8p −0.9 −0.1 11.1 11.8

Organic chemicals PSIV 143.9 B 143.7 B 151.5 B 149.8pB 148.5pB −1.1 −0.9 8.5 10.4

Medicinal and pharmaceutical products PSLX 103.5 B 104.2 B 103.0 B 102.3pB 101.4pB −0.7 −0.9 −0.8 −1.7

Plastics in primar y forms PSNV 129.2 B 131.3 B 135.9 B 133.6pB 135.1pB −1.7 1.1 25.8 24.5

Impor ted par ts and equipment YZYU 130.8 129.8 130.6 129.9p 129.3p −0.5 −0.5 7.0 6.2

Office machinery and computer parts RDAI 111.3 111.9 117.1 126.8p 122.6p 8.3 −3.3 22.9 16.3

Electronic components RDAM 113.4 B 110.6rB 110.3 B 108.0pB 108.4pB −2.1 0.4 −2.8 −2.8

Motor vehicles and parts RDBV 136.2 B 133.3 B 133.1 B 131.5pB 131.6pB −1.2 0.1 8.9 8.3

Other imported YZYT 128.5 128.9 130.3 130.3p 130.4p − 0.1 10.1 9.9

Rubber products RBIA 112.3 111.8 111.7 110.9p 110.9p −0.7 − 2.4 1.8

Wood and wood products RBHK 136.0 B 137.8 B 141.0 B 142.0pB 142.8pB 0.7 0.6 19.2 16.5

Pulp, paper, and paperboard RBHL 124.4 B 124.8 B 126.9 B 129.1pB 130.6pB 1.7 1.2 7.6 9.3

Man-made fibres RBHZ 141.0 B 139.7 B 141.5 B 139.9pB 142.7pB −1.1 2.0 14.0 16.9

Preparation of spinning of textile fibres RBHC 140.5rB 139.7rB 140.3 B 140.6pB 142.3pB 0.2 1.2 11.1 13.0

Other textiles RBHG 121.2 119.8 119.0 116.9p 117.0p −1.8 0.1 1.2 0.5

1 The Climate Change Levy was introduced in April 2001.B The values with ‘B’ are considered less reliable than the remainder cur-rently published mainly due to the lack of mar ket coveragep = provisionalr = revised

8R Output prices Revisions

2005=100

All manufactured products Excluding food, beverages, tobacco and petroleum products

not seasonally adjusted not seasonally adjusted

Index percent change Index percent changeover over

(2005 1 12 (2005 1 12= 100) month months = 100) month months

PLLU PLLV2007 Jan − − − − − −

Feb − − − − − −Mar − − − − − −Apr − − − − − −May − − − − − −Jun − − − − − −

Jul − − − − − −Aug − − − − − −Sep − − − − − −Oct − − − − − −Nov − − − − − −Dec − − − − − −

2008 Jan − − − − − −Feb − − − − − −Mar − − − − − −Apr − − − − − −May − − − − − −Jun − − − − − −


2009 Jan − − − − − −Feb − − − − − −Mar − − − − − −Apr − − − − − −May − − − − − −Jun − − − − − −


2010 Jan − − − − − −Feb − − − − − −Mar − − − − − −Apr − − − − − −May − − − − − −Jun − − − 0.2 0.2 0.2

Jul .. .. .. .. .. ..

9R Input prices Revisions

2005=100

All manufactur ing industr ies Excluding food, beverages, tobacco and petroleum industries

not seasonally adjusted not seasonally adjusted seasonally adjusted

Index percent change Index percentage change Index percentage changeover over over

(2005 1 12 (2005 1 12 (2005 1 12= 100) month months = 100) month months = 100) month months

RNNK RNNQ RNPF2007 Jan − − − − − − − − −

Feb − − − − − − − − −Mar − − − − − − − − −Apr − − − − − − − − −May − − − − − − − − −Jun − − − − − − − − −

Jul − − − − − − − − −Aug − − − − − − − − −Sep − − − − − − − − −Oct − − − − − − − − −Nov − − − − − − − − −Dec − − − − − − − − −

2008 Jan − − − − − − − − −Feb − − − − − − − − −Mar − − − − − − − − −Apr − − − − − − − − −May − − − − − − − − −Jun − − − − − − − − −


2009 Jan − − − − − − − − −Feb − − − − − − − − −Mar − − − − − − − − −Apr − − − − − − − − −May − − − − − − − − −Jun − − − − − − − − −


2010 Jan − − − − − − − − −Feb − − − − − − − − −Mar − − − − − − − − −Apr −0.1 − −0.1 − − − − − −May 0.2 0.2 0.2 0.2 0.1 0.1 0.1 − 0.1Jun − −0.1 − −0.1 −0.2 −0.1 − −0.1 −

Jul .. .. .. .. .. .. .. .. ..

Statistical Bulletin: Producer prices, July 2010

………………………………………………………………………………………………………… Next publication: 10 September 2010 Issued by: Office for National Statistics, Government Buildings, Cardiff Road, Newport NP10 8XG Media contact: Tel Media Relations Office 0845 6041858 Emergency on-call 07867 906553 E-mail [email protected] Statistical contact: Tel Simon Woodsford +44 (0)1633 455917 E-mail [email protected] Website: www.statistics.gov.uk/default.asp



http://www.statistics.gov.uk/default.asp

uk producer price index july 2010

Business