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PDF - Office for National Statistics
Statistical Bulletin Producer Price Inflation, January 2015 Coverage: UK Date: 17 February 2015 Geographical Area: UK Theme: Economy Key points • The price of goods bought and sold by UK manufacturers, as estimated by the Producer Price Index, continued to fall in January 2015. This was due to falling prices for crude oil, petroleum and food products. • The output price index for goods produced by UK manufacturers (factory gate prices) fell 1.8% in the year to January 2015. This is a record fall for the index (data begins 1997) and is down from a fall of 1.1% last month. • Core factory gate prices, which exclude the more volatile food, beverage, tobacco and petroleum products, rose 0.5% in the year to January 2015, compared with a rise of 0.8% in the year to December 2014. • The overall price of materials and fuels bought by UK manufacturers for processing (total input prices) fell 14.2% in the year to January 2015, compared with a fall of 11.6% in the year to December 2014. • Crude oil prices fell by 50% in the year to January 2015, the largest annual fall seen for the crude oil index (data begins 1997). What is the Producer Price Index (PPI)? The Producer Price Index (PPI) is a monthly survey that measures the price changes of goods bought and sold by UK manufacturers and provides a key measure of inflation, alongside other indicators such as the Consumer Price Index (CPI) and Services Producer Price Index (SPPI). This statistical bulletin contains a comprehensive selection of data on input and output index series and also contains producer price indices of materials and fuels purchased and output of manufacturing industry by broad sector. Office for National Statistics | 1 Producer Price Inflation, January 2015 | 17 February 2015 The output price indices measure change in the prices of goods produced by UK manufacturers (these are often called 'factory gate prices'). The input price indices measure change in the prices of materials and fuels bought by UK manufacturers for processing. These are not limited to materials used in the final product, but also include what is required by the company in its normal day-to-day running. Imported Price Indices (IPIs) are a series of economic indicators that measure change in the prices of goods and raw materials imported into the UK. IPIs are a key component of input price indices. Exported Price Indices (EPIs) are a series of economic indicators that measure change in the prices of goods manufactured in the UK but destined for export markets. The factory gate price (the output price) reflects the total price received by the manufacturer for a particular product. It includes costs such as labour, raw materials and energy, as well as interest on loans, site/building maintenance or rent. Core factory gate inflation excludes price movements from food, beverage, tobacco and alcohol, and petroleum products, which tend to have volatile price movements. It should give a better indication of the underlying output inflation rates. The input price is the cost of goods bought by UK manufacturers for use in manufacturing, such as the actual cost of materials and fuels bought for processing. Core input inflation strips out purchases from the more volatile food, beverage, tobacco and alcohol, and petroleum industries to give an indication of the underlying input inflation pressures facing the UK manufacturing sector. Output prices: summary Factory gate inflation fell 1.8% in the year to January 2015, compared with a fall of 1.1% last month: the seventh consecutive month to show a fall in annual output inflation. This is the highest rate of deflation seen for output prices (data begins 1997). The rate of both total output and core inflation has generally been reducing since autumn 2011, when output inflation reached its post-economic downturn high of 5.3% in September 2011. During this period, core factory gate inflation has tended to run at a lower rate and show a smaller degree of volatility than total output. However, since January 2014, core output price inflation has been running at a slightly higher rate; a result of the downward pressures from petroleum which is excluded from the core measure of inflation (Figure A). Looking at the latest estimates (Table A), movements in factory gate prices over the 12 months to January 2015 were as follows: • • • Factory gate prices fell 1.8%, compared with a fall of 1.1% last month. Core factory gate prices rose 0.5%, compared with a rise of 0.8% last month. Factory gate inflation excluding excise duty fell 1.4%, compared with a fall of 0.8% last month. Office for National Statistics | 2 Producer Price Inflation, January 2015 | 17 February 2015 Between December 2014 and January 2015: • • Factory gate prices fell 0.5%, same as last month. Core factory gate prices rose 0.2%, but showed no movement last month. Table A: Output prices (home sales) Percentage change All manufactured Excluding food, products beverages, tobacco & petroleum 1 12 month months 2014 2015 1 12 month months All manufactured products excluding duty 1 12 month months Aug -0.1 -0.3 0.1 0.9 -0.1 -0.1 Sept -0.2 -0.5 -0.1 0.8 -0.1 -0.2 Oct -0.4 -0.6 0.0 0.8 -0.4 -0.4 Nov -0.3 -0.6 0.0 0.9 -0.2 -0.5 Dec -0.5 -1.1 0.0 0.8 -0.5 -0.8 Jan -0.5 -1.8 0.2 0.5 -0.3 -1.4 Table source: Office for National Statistics Download table XLS format (26.5 Kb) Office for National Statistics | 3 Producer Price Inflation, January 2015 | 17 February 2015 Figure A: Output prices Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics Download chart XLS format (28 Kb) Supplementary analysis: Output prices Table B shows the annual percentage change in price across all product groups and Figure B shows their contribution to the annual factory gate inflation rate. Table C and Figure C show the same information, but for the monthly factory gate inflation rate. Office for National Statistics | 4 Producer Price Inflation, January 2015 | 17 February 2015 Table B: 12 months change to January 2015 Product group Food products Percentage change -3.2 Tobacco & alcohol 3.1 Clothing, textile & leather 1.5 Paper & printing Petroleum products Chemical & pharmaceutical -0.5 -20.3 -1.2 Metal, machinery & equipment 0.6 Computer, electrical & optical 0.8 Transport equipment Other manufactured products All manufacturing -0.3 0.4 -1.8 Table source: Office for National Statistics Download table XLS format (26 Kb) Figure B: Contribution to 12 months growth rate (-1.8%), January 2015 Office for National Statistics | 5 Producer Price Inflation, January 2015 | 17 February 2015 Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics Download chart XLS format (24.5 Kb) Table C: 1 month change to January 2015 Product group Food products Percentage change -0.3 Tobacco & alcohol 0.5 Clothing, textile & leather 0.7 Paper & printing -0.1 Petroleum products -7.9 Chemical & pharmaceutical 0.2 Metal, machinery & equipment 0.1 Computer, electrical & optical 0.3 Transport equipment Other manufactured products All manufacturing -0.1 0.1 -0.5 Table source: Office for National Statistics Download table XLS format (26 Kb) Office for National Statistics | 6 Producer Price Inflation, January 2015 | 17 February 2015 Figure C: Contribution to 1 month growth rate (-0.5%), January 2015 Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics Download chart XLS format (24.5 Kb) Output prices: detailed commentary Factory gate prices fell 1.8% in the year to January 2015, compared with a fall of 1.1% last month: the seventh consecutive fall on the index. Prior to July 2014, there has been no fall in the annual rate since October 2009, when it fell 0.1%. The main contributions to the annual rate came from a fall in the price of petroleum and food products. This was partially offset by a rise in the price of tobacco and alcohol products, and clothing, textiles and leather (Figure B). The price index between December 2014 and January 2015 fell 0.5%, same as last month. The main downward contribution in the month came from petroleum products, but was partially offset by an increase in the price of clothing, textiles and leather products (Figure C). Petroleum product prices fell 20.3% in the year to January 2015, compared with a fall of 14.8% in the year to December 2014. The annual decrease was caused by a fall in the price of motor spirit, which fell 16.6% in the year to January 2015, compared to a fall of 8.1% in the year to December 2014 and a fall in the price of diesel and gas oil, which fell 20% in the year to January 2015. Food product prices fell 3.2% in the year to January 2015, down from a fall of 3.0% in the year to December 2014. This was mainly due to a fall in the price of dairy products, which fell 14.6% in the year to January 2015, down from a fall of 12.3% in the year to December 2014. Office for National Statistics | 7 Producer Price Inflation, January 2015 | 17 February 2015 Tobacco and alcohol product prices rose 3.1% in the year to January 2015, compared with a rise of 2.5% in the year to December 2014. The annual contribution came from tobacco products, which rose 7.7% in the year to January 2015, unchanged from the last two months in 2014. Clothing, textiles and leather product prices rose 1.5% in the year to January 2015, compared with a rise of 2.3% in the year to December 2014. Between December 2014 and January 2015, prices for the monthly index rose 0.7%, compared to a fall of 0.3% between November and December 2014. The contribution for both annual and monthly indices came from wearing apparel, which increased 2.5% and 1.0% respectively. Core factory gate inflation Core factory gate prices, which exclude the more volatile food, beverage, tobacco and petroleum product prices, giving a measure of the underlying factory gate inflation, rose 0.5% in the year to January 2015. Between December 2014 and January 2015, the index rose 0.2%. Input prices: summary Since autumn 2011, the inflation price of materials and fuels purchased by UK manufacturing industry (input prices) fell quite rapidly, from annual inflation of around 16%, to deflation (prices lower than they were in the same month of the previous year) of around 2% in the middle of 2012 (Figure D). Input price inflation showed a steady but fairly slow increase from September 2012 to July 2013, when it reached 4.7%. From November 2013, prices started to fall, decreasing by 11.6% in December 2014. Currently, input prices are falling by 14.2% (the highest rate of deflation since July 2009 when prices were falling by 14.8%). Over this period, core input inflation (purchases by manufacturing industries other than the more volatile food, beverage, tobacco and petroleum industries) fell at similar levels. Looking at the latest data (Table D), the key movements in the year to January 2015 were as follows: • • • The total input price index fell 14.2%, compared with a fall of 11.6% in the year to December 2014. The core input price index saw a fall of 2.9%, compared with a fall of 2.3% last month. The price of imported materials as a whole (including crude oil) fell 12.7%, down from a fall of 10.3% last month. (Table 7 Input prices: detailed by commodity (not seasonally adjusted) - SIC 2007) (243 Kb Excel sheet) Between December 2014 and January 2015: • The total input price index fell 3.7%, compared with a fall of 3.3% last month (Table D). • In seasonally adjusted terms, (see Table D) the input price index for the manufacturing industry excluding the food, beverage, tobacco and petroleum industries fell 1.1%, down from a fall of 0.9% last month. Office for National Statistics | 8 Producer Price Inflation, January 2015 | 17 February 2015 Table D: Input prices Percentage change Materials & fuels purchased 1 month (NSA) 2014 2015 1 12 months (NSA) 1 Excluding food, beverages, tobacco & petroleum industries 1 month (NSA) 1 12 month (NSA) 1 1 month (SA) 2 Aug -1.0 -7.5 0.5 -4.0 0.4 Sept -0.8 -7.4 0.4 -2.7 0.3 Oct -1.2 -8.1 0.5 -2.4 -0.1 Nov -0.8 -8.3 0.5 -1.7 0.2 Dec -3.3 -11.6 -0.9 -2.3 -0.9 Jan -3.7 -14.2 -1.0 -2.9 -1.1 Table source: Office for National Statistics Table notes: 1. NSA: Not Seasonally Adjusted 2. SA: Seasonally Adjusted Download table XLS format (26.5 Kb) Office for National Statistics | 9 Producer Price Inflation, January 2015 | 17 February 2015 Figure D: Input prices (materials & fuel) manufacturing industry Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics Download chart XLS format (26.5 Kb) Notes for Input prices: summary 1. These indices include the Climate Change Levy (CCL) which was introduced in April 2001. 2. These indices include the Aggregates Levy which was introduced in April 2002. Supplementary analysis: Input prices Table E and Figure E show the percentage change in the price of the main commodities groups over the year and their contributions to the total input index. Table F and Figure F show the same for the monthly input prices. Office for National Statistics | 10 Producer Price Inflation, January 2015 | 17 February 2015 Table E: 12 months change to January 2015 Product group Percentage change Fuel incl. CCL -5.9 Crude oil -50.0 Home food materials -12.0 Imported food materials -4.5 Other home-prod. materials 7.1 Imported metals 2.7 Imported chemicals -3.5 Imported parts & equipment 0.8 Other imported materials -2.1 All manufacturing -14.2 Table source: Office for National Statistics Download table XLS format (26 Kb) Figure E: Contribution to 12 months growth rate (-14.2%), January 2015 Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics Office for National Statistics | 11 Producer Price Inflation, January 2015 | 17 February 2015 Download chart XLS format (24.5 Kb) Table F: 1 month change to January 2015 Product group Fuel incl. CCL Crude oil Percentage change -2.7 -20.2 Home food materials -0.6 Imported food materials -0.3 Other home-prod. materials 1.7 Imported metals -0.1 Imported chemicals -0.7 Imported parts & equipment -0.2 Other imported materials All manufacturing 0.2 -3.7 Table source: Office for National Statistics Download table XLS format (26 Kb) Office for National Statistics | 12 Producer Price Inflation, January 2015 | 17 February 2015 Figure F: Contribution to 1 month growth rate (-3.7%), January 2015 Source: Index Numbers of Producer Prices (PPI): Provision of Price Information - Office for National Statistics Download chart XLS format (24 Kb) Input prices: detailed commentary The overall input index for all manufacturing, that is, the price of materials and fuels purchased by manufacturers, fell 14.2% in the year to January 2015, compared with a fall of 11.6% in the year to December 2014. The main downward contributions to the index came from crude oil (down 50.0% in the year to January 2015) and home-produced food (down 12.0% in the year to January 2015). The input index fell 3.7% between December 2014 and January 2015, down from a fall of 3.3% last month. This was caused by a fall in the price of crude oil, which fell by 20.2% between December 2014 and January 2015 (see Table F and Figure F). Crude oil prices continue to fall, with a decrease of 50.0% in the year to January 2015, down from a fall of 38.8% last month. This is the biggest annual fall seen on the index (data begins 1997). The monthly index fell 20.2% between December 2014 and January 2015, compared with a fall of 17.4% between November and December 2014. The annual and monthly downward contribution came from both imported and domestic crude petroleum products. Oil prices tend to fall in the autumn due to a seasonal drop in demand and refinery maintenance. However, prices have fallen more than usual as a result of increased supply, both from Libya and the US, and reduced demand, particularly from Asia. In addition to this, concerns of global over-supply reduced prices further in November 2014 following the Organisation of the Petroleum Exporting Countries (OPEC) decision not to cut quotas. Office for National Statistics | 13 Producer Price Inflation, January 2015 | 17 February 2015 Home-produced food prices fell to 12.0% in the year to January 2015, up slightly from a fall of 12.3% in the year to December 2014. The annual contribution came from crop and animal production; hunting and related services, which fell 11.8%, compared to a fall of 13.0% in the year to December 2014. Core input price index (excluding purchases from the food, beverage, tobacco and petroleum industries) The core input price index, in seasonally adjusted terms, fell 1.1% between December 2014 and January 2015. The unadjusted index fell 1.0% between December 2014 and January 2015, compared with a fall of 0.9% last month. Revisions For this bulletin reference tables 8R and 9R (243 Kb Excel sheet) highlight revisions to movements in price indices previously published in last month’s statistical bulletin. Revisions are generally a result of changes to the most recent estimates, as more price quotes are received, and revisions to seasonal adjustment factors, which are re-estimated every month. For more information about the ONS revisions policy see the ONS website. There are large revisions for the headline measures for the input PPI in this month's bulletin, with the index for total input revised down 1.1 index points in December 2014. This revision is mainly a result of late data for crude oil since data for the full month were not available when December's index was first calculated. There are also slightly larger than usual revisions for the output PPI with the index revised down 0.3 index points for December 2014. This was due to late data for diesel and gas oil and aviation fuel. Table G: Revisions between first publication and estimates 12 months later Percentages Revisions between first publication and estimates 12 months later Value in last period Average over the last 5 years Average over the last 5 years without regard to sign (average absolute revision) Total output: 12 months -1.8 -0.15 0.21 Total output: 1 month -0.5 0.01 0.08 Total input: 12 months -14.2 0.02 0.37 -3.7 0.05 0.29 Total input: 1 month Table source: Office for National Statistics Table notes: 1. * Statistically significant. Office for National Statistics | 14 Producer Price Inflation, January 2015 | 17 February 2015 Download table XLS format (24.5 Kb) Revisions to data provide one indication of the reliability of key indicators. Table G shows 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. The table presents a summary of the differences between the first estimates, published between December 2007 and December 2013, and the estimates published 12 months later. These numbers include the effect of the reclassification onto SIC 2007. Spreadsheets giving revisions triangles of estimates for all months from January 1998 through to December 2014 and the calculations behind the averages in the table, are available in the reference table area of the ONS website: Revision triangle for total output (12 months) (2.27 Mb Excel sheet) Revision triangle for total output (1 month) (2.23 Mb Excel sheet) Revision triangle for total input (12 months) (2.28 Mb Excel sheet) Revision triangle for total input (1 month) (2.27 Mb Excel sheet) Background notes 1. How are we doing? We are constantly aiming to improve this release and its associated commentary. We welcome any feedback and are particularly interested in knowing how you use these data to inform your work. Please email us: ppi@ons.gsi.gov.uk 2. PPI Methods and Guidance An up-to-date manual for the Producer Price Index, including the Import and Export Price Index is now available. PPI Methods and Guidance provides an outline of the methods used to produce the PPI as well as information about recent PPI developments. 3. Changing the way we publish Producer Price datasets The two Producer Price datasets called Aerospace and Electronic Cost Indices (MM19) and Producer Price Indices (MM22) are now published on the Producer Price Index webpage, which holds the statistical bulletin reference tables. This is to make all PPI datasets more accessible within one release. Office for National Statistics | 15 Producer Price Inflation, January 2015 | 17 February 2015 4. Analysis of Producer Price Indices using Standard Errors We have published an article on the analysis of Producer Price Indices (PPI) using standard errors on 17 June 2014. The article presented the calculated standard errors of the PPI during the period February 2013 to January 2014, for both month-on-month and 12-month growth. 5. Article about Rebasing the PPI and SPPI onto 2010=100 As previously announced, ONS has taken forward the rebasing of the PPI onto a 2010=100 basis. The first published data using 2010=100 was released in November 2013. An article describing the results of this assessment was also published on 12 November 2013. If you have any questions or queries regarding the impact of rebasing on PPI data, please contact PPI operations. 6. Finding PPI data All of the data included in this Statistical Bulletin, alongside data for the full range of PPIs, is available in the associated Reference Tables (243 Kb Excel sheet). Also available are the datasets for the Aerospace and Electronic Indices (141.5 Kb Excel sheet) and the Producer Price Indices (701.5 Kb Excel sheet), or these can be downloaded from the time series pages. There are PPI records (101 Kb Excel sheet) available which gives the higher, lower and equal to movements for each index. Each PPI has two unique identifiers: a 10 digit index number, which relates to the Standard Industrial Classification code appropriate to the index; and a 4-character alpha-numeric code, which can be used to find series when using the time series dataset for PPI. 7. Quality and Methodology Information A Quality and Methodology Information (QMI) (95.6 Kb Pdf) paper for the PPI describes in detail the intended uses of the statistics presented in this publication, their general quality and the methods used to produce them. 8. European Comparability The UK is required to compile and deliver the output PPI to Eurostat under the ShortTerm Statistics Regulation. As a result, all EU countries must produce equivalent series on a comparable basis. Eurostat produce European aggregates for total domestic and export PPI on a gross sector basis and publish a monthly press release. Detailed PPI figures for the UK and the rest of the EU are also published on Eurostat's website. 9. Relevance to Users Index numbers shown in the main text of this 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 reference tables 4 and 6 (243 Kb Excel sheet) are on a gross basis; intra industry sales and purchases are included in each of these indices. Office for National Statistics | 16 Producer Price Inflation, January 2015 | 17 February 2015 Indices relate to average prices for a month. The full effect of a price change occurring part way through any month will only be reflected in the following month’s index. All index numbers exclude VAT. Excise duty (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 20% from 4 January 2011. The detailed input indices of prices of materials and fuels purchased by industry (reference table 6) (243 Kb Excel sheet) 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. 10. Common Pitfalls in Interpreting Series Expectations of accuracy and reliability in sample surveys are often too high. Revisions and sampling variability are inevitable consequences of the trade-off between timeliness, accuracy and the burden on respondents. Details of sampling variability are included elsewhere in this bulletin. 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. 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. 11. Definitions and Explanations Definitions found within the main statistical bulletin are listed here: Index number A measure of the average level of prices, quantities or other measured characteristics, relative to their level, for a defined reference period of location. It is expressed as a percentage above or below, but relative to, the base index of 100. Seasonally adjusted Seasonal adjustment aids interpretation by removing effects associated with the time of the year or the arrangement of the calendar, which could obscure movements of interest. Seasonal adjustment removes regular variation from a time series. Regular variation includes effects due to month lengths and different activity near particular events, such as bank holidays and leap years. Prices Office for National Statistics | 17 Producer Price Inflation, January 2015 | 17 February 2015 All characteristics that determine the price of the products, including quantity of units sold, transport provided, rebates, service conditions, guarantee conditions and destination are taken into account. The appropriate price is the basic price, which excludes VAT and similar deductible taxes directly linked to turnover, as well as all duties and taxes on the goods and services invoiced by the unit. Any subsidies on products received by the producer are added. Transport costs are included but only as part of the product specification. An actual transaction price and not a list price is given to show the true development of price movements. The output price index takes into account the quality changes in products. The price collected in period t (time of the order) refers to orders booked during period t, not when the commodities leave the factory gates. For output prices on the non-domestic market, the price is calculated at national frontiers, FOB (free on board). This means that the seller pays for transportation of the goods to the port of shipment, plus loading costs, and the buyer pays freight, insurance, unloading costs and transportation from the port of destination to the factory. Standard errors Standard errors are used to show the difference between an estimated value and the true population value, and are one way of measuring the quality of a price index. 12. Accuracy 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 are re-estimated every month. A routine seasonal adjustment review is normally conducted in the autumn each year. 13. Publication Policy The complete run of data in the tables of this bulletin are also available to view and download in other electronic formats free of charge using the Office for National Statistics Datasets and Reference Table service (if you want the data associated with this bulletin click into Download data in this release option). Users can download the complete release in a choice of zipped formats or view and download their own selections of individual series. Details of the policy governing the release of new data are available from the Media Relations Office. A list of the names of those given pre-publication access to the contents of this bulletin is available on the Producer Price Index: Pre-Release Access List. Office for National Statistics | 18 Producer Price Inflation, January 2015 | 17 February 2015 14. Following ONS Follow us on Twitter and Facebook and receive up-to-date information about our statistical releases. View the latest ONS podcasts on YouTube. 15. Code of Practice 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 and released according to the arrangements approved by the UK Statistics Authority. Office e-mail: media.relations@ons.gsi.gov.uk. Next publication: 24 March 2015 Media contact: Tel: Luke Croydon or David Bradbury on +44 (0)845 6041858 Emergency on-call: +44 (0)7867 906553 e-mail: media.relations@ons.gsi.gov.uk. Statistical contact: Tel: Kat Pegler on +44 (0)1633 456468 e-mail: ppi@ons.gsi.gov.uk. PPI Enquiries: Tel +44 (0)1633 455901 or +44 (0)1633 455941 16. Details of the policy governing the release of new data are available by visiting www.statisticsauthority.gov.uk/assessment/code-of-practice/index.html or from the Media Relations Office email: media.relations@ons.gsi.gov.uk The United Kingdom Statistics Authority has designated these statistics as National Statistics, in accordance with the Statistics and Registration Service Act 2007 and signifying compliance with the Code of Practice for Official Statistics. Designation can be broadly interpreted to mean that the statistics: • • meet identified user needs; are well explained and readily accessible; Office for National Statistics | 19 Producer Price Inflation, January 2015 | 17 February 2015 • • are produced according to sound methods; and are managed impartially and objectively in the public interest. Once statistics have been designated as National Statistics it is a statutory requirement that the Code of Practice shall continue to be observed. 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Statistical contacts Name Kat Pegler Phone Department Email +44 (0)1633 456468 Business Prices, ppi@ons.gsi.gov.uk ONS Next Publication Date: 24 March 2015 Issuing Body: Office for National Statistics Media Contact Details: Telephone: 0845 604 1858 (8.30am-5.30pm Weekdays) Emergency out of hours (limited service): 07867 906553 Email: media.relations@ons.gsi.gov.uk Office for National Statistics | 20 1 Output Prices: Summary (not seasonally adjusted) - SIC 2007 2010=100, SIC2007 Net Sector Output of manufactured products Gross Sector All manufacturing excluding food, beverages, tobacco and petroleum percentage change over Index (2010=100) 1 mth Food products, beverages and tobacco, including duty percentage change over 12 mths 7200700000 Index (2010=100) 1 mth 12 mths 7200799000 Coke and refined petroleum products, including duty percentage change over Index (2010=100) 1 mth percentage change over 12 mths 7111101280 Index (2010=100) 1 mth 12 mths 7112190080 2014 Jul Aug Sep Oct Nov Dec JVZ7 108.6 108.5 108.3 107.9 107.6 107.1p −0.1 −0.1 −0.2 −0.4 −0.3 −0.5 −0.1 −0.3 −0.5 −0.6 −0.6 −1.1 K3BI 105.7 105.8 105.7 105.7 105.7 105.7p −0.1 0.1 −0.1 − − − 0.8 0.9 0.8 0.8 0.9 0.8 K65A 113.9 113.2 112.8 112.0r 111.7 111.8p −0.1 −0.6 −0.4 −0.7 −0.3 0.1 −1.4 −1.9 −2.3 −2.8 −3.1 −2.7 K37Y 111.1 110.5 109.6 106.7 104.1 97.8p −0.3 −0.5 −0.8 −2.6 −2.4 −6.1 −5.9 −7.3 −7.9 −7.4 −8.8 −14.8 2015 Jan 106.6p −0.5 −1.8 105.9p 0.2 0.5 111.6p −0.2 −2.9 90.1p −7.9 −20.3 p = provisional r = revised 2 Source: Office for National Statistics Net Sector Input Prices, including Climate Change Levy1: summary (not seasonally adjusted) - SIC 2007 2010=100, SIC2007 All manufacturing (materials and fuel purchased) Materials purchased by manufacturing industry percentage change over Index (2010=100) 1 mth 12 mths 6207000050 Fuel purchased by manufacturing industr y percentage change over Index (2010=100) 1 mth 12 mths 6207000010 percentage change over Index (2010=100) 1 mth 12 mths 6207000060 2014 Jul Aug Sep Oct Nov Dec K646 109.5 108.4 107.5 106.2 105.4 101.9p −1.7 −1.0 −0.8 −1.2 −0.8 −3.3 −7.5 −7.5 −7.4 −8.1 −8.3 −11.6 K644 108.8 107.6 106.4 104.3 103.0 99.2p −1.7 −1.1 −1.1 −2.0 −1.2 −3.7 −7.7 −7.7 −7.9 −8.8 −9.3 −12.6 K647 114.7 115.1 117.7 122.3 127.1 126.1p −2.1 0.3 2.3 3.9 3.9 −0.8 −7.1 −6.2 −3.1 −3.3 −0.6 −3.6 2015 Jan 98.1p −3.7 −14.2 95.3p −3.9 −15.4 122.7p −2.7 −5.9 1 The Climate Change Levy was introduced in April 2001. p = provisional r = revised Source: Office for National Statistics 3 Net Sector Output Prices (not seasonally adjusted) - SIC 2007 2010=100, SIC2007 All manufacturing excluding food, beverages, tobacco and petroleum Output of manufactured products percentage change over Index (2010=100) 1 month All manufacturing, excluding duty1 percentage change over 12 months 7200700000 Index (2010=100) 1 month percentage change over 12 months 7200799000 Index (2010 = 100) 1 month 12 months 7200700010 2011 Jul Aug Sep Oct Nov Dec JVZ7 105.4 105.4 105.6 105.6 105.8 105.7 0.3 − 0.2 − 0.2 −0.1 5.2 5.2 5.3 4.9 4.6 4.0 K3BI 103.2 103.5 103.6 103.5 103.4 103.5 0.3 0.3 0.1 −0.1 −0.1 0.1 2.8 3.2 3.1 2.9 2.6 2.6 JVZ8 105.2 105.2 105.5 105.4 105.5 105.5 0.3 − 0.3 −0.1 0.1 − 5.0 5.0 5.2 4.7 4.4 3.9 2012 Jan Feb Mar Apr May Jun 105.9 106.3 106.8 107.2 107.0 106.6 0.2 0.4 0.5 0.4 −0.2 −0.4 3.5 3.4 2.9 2.3 2.0 1.4 103.4 103.7 103.8 104.0 104.0 103.9 −0.1 0.3 0.1 0.2 − −0.1 2.2 2.3 2.0 1.4 1.3 1.0 105.7 106.1 106.6 106.7 106.6 106.2 0.2 0.4 0.5 0.1 −0.1 −0.4 3.4 3.3 2.9 2.1 1.9 1.2 Jul Aug Sep Oct Nov Dec 106.8 107.2 107.5 107.6 107.4 107.2 0.2 0.4 0.3 0.1 −0.2 −0.2 1.3 1.7 1.8 1.9 1.5 1.4 104.0 104.0 104.1 104.1 104.1 103.9 0.1 − 0.1 − − −0.2 0.8 0.5 0.5 0.6 0.7 0.4 106.4 106.8 107.1 107.2 107.2 107.0 0.2 0.4 0.3 0.1 − −0.2 1.1 1.5 1.5 1.7 1.6 1.4 2013 Jan Feb Mar Apr May Jun 107.6 108.1 108.4 108.3 108.3 108.4 0.4 0.5 0.3 −0.1 − 0.1 1.6 1.7 1.5 1.0 1.2 1.7 104.2 104.4 104.7 104.8 104.8 104.8 0.3 0.2 0.3 0.1 − − 0.8 0.7 0.9 0.8 0.8 0.9 107.4 107.9 108.2 108.2 108.2 108.3 0.4 0.5 0.3 − − 0.1 1.6 1.7 1.5 1.4 1.5 2.0 Jul Aug Sep Oct Nov Dec 108.7 108.8 108.8 108.5 108.3 108.3 0.3 0.1 − −0.3 −0.2 − 1.8 1.5 1.2 0.8 0.8 1.0 104.9 104.9 104.9 104.9 104.8 104.9 0.1 − − − −0.1 0.1 0.9 0.9 0.8 0.8 0.7 1.0 108.5 108.6 108.6 108.4 108.3 108.2 0.2 0.1 − −0.2 −0.1 −0.1 2.0 1.7 1.4 1.1 1.0 1.1 2014 Jan Feb Mar Apr May Jun 108.6 108.7 108.8 108.9 108.8 108.7 0.3 0.1 0.1 0.1 −0.1 −0.1 0.9 0.6 0.4 0.6 0.5 0.3 105.4 105.6 105.8 105.8 105.8 105.8 0.5 0.2 0.2 − − − 1.2 1.1 1.1 1.0 1.0 1.0 108.5 108.6 108.9 108.9 108.8 108.6 0.3 0.1 0.3 − −0.1 −0.2 1.0 0.6 0.6 0.6 0.6 0.3 Jul Aug Sep Oct Nov Dec 108.6 108.5 108.3 107.9 107.6 107.1p −0.1 −0.1 −0.2 −0.4 −0.3 −0.5 −0.1 −0.3 −0.5 −0.6 −0.6 −1.1 105.7 105.8 105.7 105.7 105.7 105.7p −0.1 0.1 −0.1 − − − 0.8 0.9 0.8 0.8 0.9 0.8 108.6 108.5 108.4 108.0r 107.8 107.3p − −0.1 −0.1 −0.4 −0.2 −0.5 0.1 −0.1 −0.2 −0.4 −0.5 −0.8 2015 Jan 106.6p −0.5 −1.8 105.9p 0.2 0.5 107.0p −0.3 −1.4 1 Series JVZ8 excludes excise duties payable on tobacco products, alcoholic liquor and petroleum products. p = provisional r = revised Source: Office for National Statistics 4 Output Prices: Detailed by product (not seasonally adjusted) - SIC 2007 2010=100, SIC2007 Percentage change 1 month 2014 Sep 2014 Oct 2014 Nov 2014 Dec 2015 Jan Percentage change 12 months 2014 Dec 2015 Jan 2014 Dec 2015 Jan Net sector Output of manufactured products JVZ7 7200700000 108.3 107.9 107.6 107.1p 106.6p −0.5 −0.5 −1.1 −1.8 All manufacturing, excluding duty JVZ8 7200700010 108.4 108.0r 107.8 107.3p 107.0p −0.5 −0.3 −0.8 −1.4 All manufacturing, excluding food, beverages, tobacco and petroleum K3BI 7200799000 105.7 105.7 105.7 105.7p 105.9p − 0.2 0.8 0.5 K65A 7111101280 112.8 112.0r 111.7 111.8p 111.6p 0.1 −0.2 −2.7 −2.9 Food products K37L 7112100000 112.6 111.5r 111.1 111.4p 111.1p 0.3 −0.3 −3.0 −3.2 Tobacco products, including duty K37Q 7112120080 140.4 140.4 140.5 140.5p 140.5p − − 7.7 7.7 Alcoholic beverages, including duty MC6A 7229110080 111.2B 111.7B 111.7B 111.2pB112.1pB −0.4 0.8 −0.3 0.6 Soft drinks, mineral waters and other bottled waters JU5C 1107000000 101.4B 100.8B 101.7B 101.6pB100.4pB −0.1 −1.2 −10.6 −11.1 Textiles K37R 7112130000 112.7 112.7 112.7 112.7p 112.9p − 0.2 1.0 0.8 Wearing apparel K37S 7112140000 111.4 111.4 111.1 111.1p 112.2p − 1.0 3.8 2.5 Leather and related products K37T 7112150000 122.9 123.8 124.4 122.2p 122.6p −1.8 0.3 −2.0 −1.5 Wood and products of wood and cork, except furniture K37U 7112160000 115.0 114.8 114.7 114.9p 114.9p 0.2 − 3.0 2.6 Paper and paper products K37V 7112170000 106.3 106.4 106.4 106.6p 106.8p 0.2 0.2 −0.6 −0.6 Printing and recording services K37W 7112180000 99.6 99.7p 99.4p 0.1 −0.3 0.1 −0.3 Coke and refined petroleum products, including duty K37Y 7112190080 109.6 106.7 104.1 97.8p 90.1p −6.1 −7.9 −14.8 −20.3 Chemicals and chemical products K37Z 7112200000 104.2 104.1 104.1 103.7p 103.7p −0.4 − −0.9 −1.3 Basic pharmaceutical products and pharmaceutical preparations K382 7112210000 104.2 103.0 102.9 102.9p 103.4p − 0.5 −0.6 −0.7 Rubber and plastic products K383 7112220000 108.6 108.5 108.4 108.5p 107.8p 0.1 −0.6 − −0.7 Other non-metallic mineral products K384 7112230000 109.4 109.5 109.7 109.7p 110.5p − 0.7 1.5 1.6 Basic metals K385 7112240000 98.7p 97.3p −0.6 −1.4 −1.7 −3.2 Fabricated metal products, except machinery and equipment K386 7112250000 105.3 105.2 105.2 105.0p 105.3p −0.2 0.3 −0.1 − Gross Sector Food products, beverages and tobacco, including duty 99.7 99.2 97.5 99.6 99.3 Computer, electronic and optical products K387 7112260000 97.8p 98.1p 0.2 0.3 0.3 0.7 Electrical equipment K388 7112270000 104.1 104.1r 104.0 104.0p 104.2p − 0.2 1.3 1.1 Machinery and equipment n.e.c. K389 7112280000 110.0 110.2 110.3 110.4p 110.6p 0.1 0.2 1.8 1.4 Motor vehicles, trailers and semi-trailers K38A 7112290000 101.6 101.5 101.5 101.5p 101.2p − −0.3 −0.8 −1.2 Other transpor t equipment K38B 7112300000 107.9 107.8 107.9 107.9p 108.4p − 0.5 2.4 2.0 Furniture K38C 7112310000 107.4 107.5 107.6 107.5p 107.9p −0.1 0.4 1.2 1.0 Other manufactured goods K38D 7112320000 107.4 107.9r 108.0 107.9p 107.9p −0.1 − 2.3 1.9 Repair and installation services of machinery and equipment K38E 7112330000 112.4 112.6 113.0 113.2p 114.3p 0.2 1.0 4.0 2.6 p = provisional r = revised B: These index values are considered less reliable mainly due to lack of market coverage. 97.7r 99.3 97.6 Source: Office for National Statistics 5 Net Sector Input Prices, including Climate Change Levy1: Materials and Fuels puchased - SIC 2007 2010=100, SIC2007 All manufacturing All manufacturing excluding food, beverages, tobacco and petroleum industries not seasonally adjusted not seasonally adjusted percentage change over Index (2010=100) 1 month seasonally adjusted percentage change over 12 months 6207000050 Index (2010=100) 1 month percentage change over 12 months 6207990050 Index (2010=100) 1 month 12 months 6207998950 2011 Jul Aug Sep Oct Nov Dec K646 116.0 114.3 116.4 115.8 116.2 115.8 0.5 −1.5 1.8 −0.5 0.3 −0.3 17.6 15.6 16.9 13.4 12.8 8.6 K655 110.0 110.0 110.6 110.3 110.4 110.0 0.5 − 0.5 −0.3 0.1 −0.4 10.7 10.9 10.6 8.1 7.6 5.0 K658 110.7 111.0 111.6 110.9 110.8 110.0 0.7 0.3 0.5 −0.6 −0.1 −0.7 10.7 10.9 10.7 8.2 7.7 5.1 2012 Jan Feb Mar Apr May Jun 115.8 118.3 119.8 118.3 115.5 113.4 − 2.2 1.3 −1.3 −2.4 −1.8 6.4 7.5 5.7 1.5 0.3 −1.7 110.1 111.0 110.9 110.1 108.9 108.4 0.1 0.8 −0.1 −0.7 −1.1 −0.5 3.9 4.4 3.2 1.1 −0.5 −1.0 109.6 110.0 109.4 109.3 108.6 108.8 −0.4 0.4 −0.5 −0.1 −0.6 0.2 4.0 4.3 3.1 0.9 −0.4 −1.0 Jul Aug Sep Oct Nov Dec 113.1 115.1 115.0 115.6 116.0 116.3 −0.3 1.8 −0.1 0.5 0.3 0.3 −2.5 0.7 −1.2 −0.2 −0.2 0.4 107.3 107.1 107.2 108.0 108.6 108.7 −1.0 −0.2 0.1 0.7 0.6 0.1 −2.5 −2.6 −3.1 −2.1 −1.6 −1.2 108.0 108.0 108.2 108.6 108.9 108.9 −0.7 − 0.2 0.4 0.3 − −2.4 −2.7 −3.0 −2.1 −1.7 −1.0 2013 Jan Feb Mar Apr May Jun 117.7 120.7 120.9 118.6 117.1 116.8 1.2 2.5 0.2 −1.9 −1.3 −0.3 1.6 2.0 0.9 0.3 1.4 3.0 109.9 112.1 112.7 111.1 109.3 108.4 1.1 2.0 0.5 −1.4 −1.6 −0.8 −0.2 1.0 1.6 0.9 0.4 − 109.6 111.2 111.3 110.4 109.2 108.9 0.6 1.5 0.1 −0.8 −1.1 −0.3 − 1.1 1.7 1.0 0.6 0.1 Jul Aug Sep Oct Nov Dec 118.4 117.2 116.1 115.6 114.9 115.3 1.4 −1.0 −0.9 −0.4 −0.6 0.3 4.7 1.8 1.0 − −0.9 −0.9 109.5 108.6 107.6 107.8 107.5 107.2 1.0 −0.8 −0.9 0.2 −0.3 −0.3 2.1 1.4 0.4 −0.2 −1.0 −1.4 110.1 109.5 108.5 108.2 107.7 107.2 1.1 −0.5 −0.9 −0.3 −0.5 −0.5 1.9 1.4 0.3 −0.4 −1.1 −1.6 2014 Jan Feb Mar Apr May Jun 114.3 113.7 113.3 112.3 112.5 111.4 −0.9 −0.5 −0.4 −0.9 0.2 −1.0 −2.9 −5.8 −6.3 −5.3 −3.9 −4.6 106.8 106.4 106.6 105.5 105.0 104.6 −0.4 −0.4 0.2 −1.0 −0.5 −0.4 −2.8 −5.1 −5.4 −5.0 −3.9 −3.5 106.5 105.4 105.1 104.8 104.8 104.9 −0.7 −1.0 −0.3 −0.3 − 0.1 −2.8 −5.2 −5.6 −5.1 −4.0 −3.7 Jul Aug Sep Oct Nov Dec 109.5 108.4 107.5 106.2 105.4 101.9p −1.7 −1.0 −0.8 −1.2 −0.8 −3.3 −7.5 −7.5 −7.4 −8.1 −8.3 −11.6 103.8 104.3 104.7 105.2 105.7 104.7p −0.8 0.5 0.4 0.5 0.5 −0.9 −5.2 −4.0 −2.7 −2.4 −1.7 −2.3 104.7 105.1 105.4r 105.3r 105.5 104.6p −0.2 0.4 0.3 −0.1 0.2 −0.9 −4.9 −4.0 −2.9 −2.7 −2.0 −2.4 2015 Jan 98.1p −3.7 −14.2 103.7p −1.0 −2.9 103.5p −1.1 −2.8 1 The Climate Change Levy was introduced in April 2001. p = provisional r = revised Source: Office for National Statistics 6 Input Prices, excluding Climate Change Levy1: Materials and Fuels purchased by selected industries (not seasonally adjusted) - SIC 2007 2010=100, SIC2007 % change 1 month 2014 Sep 2014 Oct 2014 Nov 2014 Dec 2015 Jan % change 12 months 2014 Dec 2015 Jan 2014 Dec 2015 Jan Gross sector Other mining & quarrying products2 MC3K 6107208000 112.5 113.0 113.1 112.5p 113.1p −0.5 0.5 0.4 −0.2 Manufacture of food products, beverages, tobacco MC35 6107110120 109.7 109.7r 110.1 110.6p 110.0p 0.5 −0.5 −5.5 −5.7 Preserved meat & meat products MC3V 6107310100 109.5 109.5 110.2 110.9p 110.6p 0.6 −0.3 −6.5 −6.3 Fish, crustaceans, molluscs, fruit & vegetables MB4X 6107310230 106.2r 108.0 108.8 111.8p 109.9p 2.8 −1.7 −3.9 −6.5 Vegetable & animal oils and fats MC3W 6107310400 115.0 115.5 115.3 116.3p 115.7p 0.9 −0.5 −9.5 −8.9 Dairy products MC3X 6107310500 108.5 108.3r 109.2 110.0p 109.4p 0.7 −0.5 −9.1 −8.8 Grain mill products, starches & starch products MC3Y 6107310600 109.5 109.4r 109.9 110.4p 110.1p 0.5 −0.3 −6.5 −6.1 Bakery & farinaceous products MC3Z 6107310700 111.8 111.0r 110.6 110.3p 109.4p −0.3 −0.8 −4.4 −4.8 Other food products MB4Y 6107310800 109.6 109.3r 109.3 109.4p 108.9p 0.1 −0.5 −3.8 −3.9 Animal feeds MC42 6107310900 111.1 110.7r 110.6 110.9p 110.5p 0.3 −0.4 −5.7 −5.6 Alcoholic Beverages MB55 6107411016 109.1 109.2r 109.3 108.6p 107.7p −0.6 −0.8 −2.8 −3.2 Soft drinks; mineral waters & other bottled waters MC4D 6107411070 108.1 108.0r 107.6 107.4p 107.0p −0.2 −0.4 −1.4 −1.3 Tobacco products MC3M 6107212000 138.4 138.8 138.8 138.7p 138.3p −0.1 −0.3 9.8 9.5 MC36 6107113140 110.2 110.5 110.6 110.3p 110.0p −0.3 −0.3 −0.5 −0.9 Textiles MB4P 6107213000 109.3 109.6 109.8 109.3p 108.9p −0.5 −0.4 −1.1 −1.4 Wearing apparel MC3N 6107214000 111.6 111.8 111.9 111.7p 111.5p −0.2 −0.2 0.3 −0.1 Manufacture of leather & related products MC3O 6107215000 111.9 111.9 112.3 111.8p 111.6p −0.4 −0.2 −2.0 −2.4 Manufacture of wood & wood products MC3P 6107216000 112.2 112.3 112.3 112.0p 111.4p −0.3 −0.5 1.1 0.4 Manufacture of pulp, paper & paper products, recording media & printing services MC39 6107117180 106.8 107.2 107.6 107.5p 107.1p −0.1 −0.4 −0.9 −1.5 Pulp, paper & paper products MB4Q 6107217000 107.4 108.0 108.5 108.3p 107.7p −0.2 −0.6 −1.5 −2.1 Printing & recording services MC3Q 6107218000 105.9r 106.2 106.5 106.5p 106.3p − −0.2 −0.2 −0.7 Manufacture of coke & refined petroleum products MC3R 6107219000 116.5 107.9 101.4 70.6p −15.4 −17.7 −35.0 −45.4 Manufacture of chemicals, chemical products & man-made fibres MC3B 6107120000 105.3 105.2 104.9 103.7p 102.9p −1.1 −0.8 −4.0 −4.5 Paints, varnishes & similar coatings, printing ink & mastics MC43 6107320300 106.0 106.0 105.9 105.3p 105.0p −0.6 −0.3 −2.9 −3.1 Soaps, detergents, cleaning & polishing preparations perfumes & toilet preparations MC44 6107320400 105.7 105.8 105.7 105.5p 105.1p −0.2 −0.4 −1.4 −1.7 Other chemical products MC45 6107320500 107.8 107.9 107.7 106.6p 105.4p −1.0 −1.1 −3.1 −4.8 Industrial gases; other basic inorganic chemicals; fertilisers & nitrogen compounds MC4E 6107420910 108.4 108.5 108.3 107.0p 106.5p −1.2 −0.5 −2.9 −3.6 Petrochemicals & man made fibres MC4F 6107420920 104.0 103.9 103.5 102.2p 101.5p −1.3 −0.7 −4.3 −4.8 Dyes & pigments: pesticides & other agrochemical products MC4G 6107420930 110.1 109.3 108.8 106.0p 103.0p −2.6 −2.8 −8.5 −10.7 Manufacture of basic pharmaceutical products & pharmaceutical preparations MC3S 6107221000 104.1 103.8 103.9 103.6p 103.3p −0.3 −0.3 −1.7 −1.9 Manufacture of rubber & plastic products MB4R 6107222000 105.0 105.2 105.0 104.3p 103.7p −0.7 −0.6 −3.0 −3.4 Manufacture of cement, lime & plaster MC46 6107323560 110.7 111.1 111.4 111.0p 110.9p −0.4 −0.1 −0.4 −1.3 Manufacture of glass, refractor y, clay, other porcelain, ceramic stone products MB4Z 6107323990 108.7 109.7 110.3 109.8p 109.3p −0.5 −0.5 −1.5 −2.2 Manufacture of textiles & textile products; clothing 1 Climate Change Levy is excluded from the detailed industry input index, (see background notes of this Statistical Bulletin for more detail). 2 Indices includes the Aggregate Levy which was introduced in April 2002. p = provisional r = revised 85.8p Source: Office for National Statistics 6 Input Prices, excluding Climate Change Levy1: Materials and Fuels purchased by selected industries (not seasonally adjusted) - SIC 2007 continued 2010=100, SIC2007 % change 1 month 2014 Sep 2014 Oct 2014 Nov % change 12 months 2014 Dec 2015 Jan 2014 Dec 2015 Jan 2014 Dec 2015 Jan MC3F 6107124250 103.4 103.0r 102.8 101.3p 99.4p −1.5 −1.9 −3.5 −5.2 Basic iron, steel & alloys: tubes, pipes, hollow profiles MC47 6107324130 103.8 103.4 102.8 100.1p 97.1p −2.6 −3.0 −7.6 −10.0 Other basic metals & casting MB52 6107324450 105.1 103.5r 102.9 100.1p 96.9p −2.7 −3.2 −5.9 −8.6 Weapons & ammunition MC48 6107325400 103.4 103.7 104.0 103.9p 103.7p −0.1 −0.2 0.4 −0.3 Fabricated metal products, excluding machinery & equipment & weapons & ammunition MB53 6107325990 102.5 102.5 102.6 102.0p 101.1p −0.6 −0.9 −1.3 −2.1 MC3G 6107126270 103.2 103.4 103.5 103.4p 103.4p −0.1 − 1.1 0.6 Computer, elctronic & optical products MB4S 6107226000 102.9 103.1 103.3 103.3p 103.6p − 0.3 2.0 1.5 Electrical equipment MB4T 6107227000 103.6 103.8r 103.8 103.4p 103.1p −0.4 −0.3 −0.3 −0.7 Manufacture of machinery & equipment n.e.c MB4U 6107228000 104.3 104.5r 104.6 104.3p 103.9p −0.3 −0.4 −0.2 −0.7 Manufacturing of motor vehicles & other transpor t equipment MC3I 6107129300 102.9 103.2 103.3 103.0p 102.6p −0.3 −0.4 −0.4 −0.7 Motor vehicles, trailers & semi trailers MB4V 6107229000 101.9 102.2 102.2 101.9p 101.3p −0.3 −0.6 −0.8 −1.1 Ships & boats MC49 6107330100 106.4 106.8 107.1 106.9p 106.7p −0.2 −0.2 − −0.4 Aircraft & spacecraft & related machinery MC4A 6107330300 106.2 106.4 106.6 106.5p 106.8p −0.1 0.3 1.3 0.7 Other transpor t equipment MB54 6107330990 105.0 105.1 105.2 104.9p 104.9p −0.3 − − −0.3 MC3J 6107131330 106.5 106.7 106.9 106.7p 106.7p −0.2 − 1.1 0.4 Furniture MC3T 6107231000 106.8 106.8 106.8 106.3p 105.7p −0.5 −0.6 −0.4 −1.0 Other manufacturing MB4W 6107232000 105.0 105.2 105.3 105.2p 105.3p −0.1 0.1 1.2 0.7 Repair of maintenance of ships & boats MC4H 6107433150 106.8 107.3 107.7 107.6p 107.5p −0.1 −0.1 0.3 − Repair & maintenance services of aircraft & spacecraft MC4I 6107433160 111.2 111.6 112.1 112.3p 113.2p 0.2 0.8 4.2 2.2 Other repair; installation MB56 6107433990 103.5 103.8 103.9 103.8p 103.6p −0.1 −0.2 0.6 0.2 Manufacture of basic metals & fabricated products Manufacture of computer, electronic and optical products, electrical equipment Manufacture of other manufactured goods n.e.c 1 Climate Change Levy is excluded from the detailed industry input index, (see background notes of this Statistical Bulletin for more detail). 2 Indices includes the Aggregate Levy which was introduced in April 2002. p = provisional r = revised Source: Office for National Statistics 7 Input Prices: detailed by commodity (not seasonally adjusted) - SIC 2007 2010=100, SIC2007 % change 1 month 2014 Sep 2014 Oct 2014 Nov 2014 Dec 2015 Jan % change 12 months 2014 Dec 2015 Jan 2014 Dec 2015 Jan K647 6207000060 117.7 122.3 127.1 126.1p 122.7p −0.8 −2.7 −3.6 −5.9 Domestic coal & lignite incl. CCL MC78 7167205005 158.6 138.0 134.5 143.9p 138.8p 7.0 −3.5 9.3 −20.5 Impor ted coal & lignite incl.CCL MC8U 7169205005 80.1 79.5 79.3 76.5p −1.8 −1.8 −15.2 −17.1 Electricity incl. CCL MC8F 7167335105 114.8 116.9 120.4 118.8p 118.2p −1.3 −0.5 − −0.3 Gas incl. CCL MC8H 7167335235 122.3 131.7 138.8 138.5p 130.6p −0.2 −5.7 −8.6 −12.8 K645 6207000020 118.3 123.2r 127.6 126.7p 123.2p −0.7 −2.8 −3.4 −5.4 Domestic coal & lignite excl. CCL MC77 7167205000 163.1 140.4 136.5 146.8p 141.2p 7.5 −3.8 10.0 −21.9 Impor ted coal & lignite excl.CCL MC8T 7169205000 79.6 79.0 78.7 75.8p −1.8 −1.9 −15.6 −17.7 Electricity excl. CCL MC8E 7167335100 115.7 118.4 121.4 120.2p 119.4p −1.0 −0.7 −0.3 −0.7 Gas excl. CCL MC8G 7167335230 122.9 132.5 139.4 138.8p 130.6p −0.4 −5.9 −8.7 −12.9 Crude petroleum oils & metal ores MC4P 6207008700 116.5 106.7 99.3 82.0p 65.4p −17.4 −20.2 −38.8 −50.0 Domestic crude oil & metal ores MC79 7167206070 115.7 104.3 97.6 78.8p 61.5p −19.3 −22.0 −40.8 −52.2 Impor ted crude oil & metal ores MC8V 7169206070 116.9 107.8 100.2 83.5p 67.2p −16.7 −19.5 −37.8 −49.0 MB57 6207008100 106.0 104.8 105.1 106.9p 106.3p 1.7 −0.6 −12.3 −12.0 Agricultural crop products MC74 7167201000 107.4r 105.5r 105.7 106.6p 106.5p 0.9 −0.1 −13.0 −11.8 Fish & other fish products MC76 7167203000 84.5r 93.0r 96.6 110.8p 103.6p 14.7 −6.5 −1.0 −15.2 MC4O 6207008600 107.8 110.8 113.6 114.3p 114.0p 0.6 −0.3 −4.9 −4.5 Agricultural crop products MC8Q 7169201000 105.6 115.2 122.2 125.8p 125.8p 2.9 − −1.9 −1.7 Fish & fish products MC8S 7169203000 124.6 125.6 127.1 127.7p 128.8p 0.5 0.9 5.7 7.5 Meat & meat products MC9F 7169310100 105.8 102.3 100.3 96.9p −2.3 −1.1 −9.5 −10.3 Processed fish & fish products; fruit & vegatables MC9G 7169310230 117.6 117.2r 115.5 116.0p 116.7p 0.4 0.6 −3.6 −2.3 Vegetable, animal oils & fats MC9H 7169310400 104.4 102.7 106.6 105.2p 104.5p −1.3 −0.7 −9.9 −7.8 Dairy products MC9I 7169310500 104.4 102.1r 100.0 97.1p −1.9 −1.0 −8.1 −8.7 Grain mill products & starches MC9J 7169310600 113.6 111.4r 110.0 108.6p 108.0p −1.3 −0.6 −7.3 −7.3 Bakery & farinaceous products MC9K 7169310700 108.1 105.7r 103.7 101.9p 100.9p −1.7 −1.0 −7.9 −8.4 Other food products MC9L 7169310800 110.8 108.8 107.5 106.2p 105.6p −1.2 −0.6 −6.9 −6.9 Prepared animal feeds MC9M 7169310900 108.7 106.5 104.7 103.1p 102.3p −1.5 −0.8 −7.7 −7.9 MC4J 6207008200 116.4 116.5 115.7 115.6p 117.6p −0.1 1.7 8.1 7.1 Forestry products MC75 7167202000 150.4 150.4 150.4 150.4p 150.4p − − 14.6 14.6 Other mining & quarrying products MC7A 7167208000 113.0 113.2 111.9 111.8p 114.7p −0.1 2.6 9.7 8.2 Water collection, treatment & supply MC7R 7167236000 117.3 117.3 117.3 117.3p 117.3p − − 2.3 2.3 MC4K 6207008300 98.7 Basic iron, steel & ferro alloys, tubes & pipes MC9S 7169324130 102.4 Other basic metals & casting MC9T 7169324450 96.9 MC4L 6207008400 106.1 106.2 Paints, varnishes & coatings, printing inks & other mastics MC9N 7169320300 103.9 Soap, detergents, cleaning & polishing preparations, perfumes & toilet preparations MC9O 7169320400 100.3 Fuel incl. CCL1 Fuel excl. CCL 77.9p 77.3p Food manufacturing: Home produced food materials Imported food materials Other home produced materials Imported metals Imported chemicals 1 The Climate Change Levy was introduced in April 2001. p = provisional r = revised 98.0p 98.1p 96.9 96.3p 96.2p −0.6 −0.1 3.2 2.7 99.6 98.4p 97.7p −1.2 −0.7 −2.5 −3.3 95.6 95.2p 95.4p −0.4 0.2 6.4 5.9 106.1 105.7p 105.0p −0.4 −0.7 −3.5 −3.5 103.7 103.8 103.3p 100.6p −0.5 −2.6 −4.1 −5.7 100.1 100.8 100.6p 100.2p −0.2 −0.4 −1.7 −0.6 97.2r 100.4 95.6r Source: Office for National Statistics 7 Input Prices: detailed by commodity (not seasonally adjusted) - SIC 2007 continued 2010=100, SIC2007 % change 1 month 2014 Sep 2014 Oct 2014 Nov 2014 Dec 2015 Jan % change 12 months 2014 Dec 2015 Jan 2014 Dec 2015 Jan Other chemical products MC9P 7169320500 105.2r 106.0r 106.0 106.1p 105.6p 0.1 −0.5 −0.3 −0.8 Industrial gases, inorganic chemicals, fertilisers & nitrogen compounds MCA3 7169420910 116.7 116.3 117.3 116.7p 117.9p −0.5 1.0 −6.6 −4.1 Petrochemicals & man made fibres MCA4 7169420920 103.4 103.6 103.2 102.5p 101.6p −0.7 −0.9 −4.1 −4.3 Dyes & pigments; pesticides & other agro-chemical products MCA5 7169420930 105.6 105.5 105.8 105.4p 103.9p −0.4 −1.4 −3.9 −4.3 Basic pharmaceutical products & pharmaceutical preparations MC97 7169221000 96.1 94.6p −0.2 −1.7 −0.9 −1.4 Rubber & plastic products MC98 7169222000 112.3 112.4 112.5 112.5p 112.2p − −0.3 −1.9 −1.8 MC4N 6207008520 97.1 98.1 98.4 97.9p −0.3 −0.2 0.4 0.8 Computer, electronic & optical products MC99 7169226000 108.5 109.3 110.0 110.3p 112.6p 0.3 2.1 12.1 9.5 Electrical equipment MC9A 7169227000 100.6 101.6 102.5 102.7p 102.8p 0.2 0.1 1.3 1.7 Machinery & equipment n.e.c MC9B 7169228000 100.9 101.2 101.5 101.5p 101.5p − − −1.1 −0.3 Motor vehicles, trailers & semi-trailers MC9C 7169229000 94.3 97.2 97.3 96.1p 93.1p −1.2 −3.1 −4.3 −2.9 Weapons & ammunition MC9U 7169325400 79.5 79.3 79.3 78.6p 78.1p −0.9 −0.6 −5.2 −4.5 Fabricated metal products MC9V 7169325990 78.1 77.8 77.9 77.2p 76.7p −0.9 −0.6 −5.4 −4.6 Ships & boats MC9W 7169330100 106.2 106.2 106.2 106.2p 105.9p − −0.3 0.9 −0.5 Aircraft, spacecraft & related machinery MC9X 7169330300 104.7 105.2 105.0 105.0p 106.0p − 1.0 0.8 1.7 Other transpor t equipment MC9Y 7169330990 104.5 104.8 104.7 104.7p 105.0p − 0.3 0.3 0.2 MC4M 6207008510 106.4 106.9r 107.2 106.9p 107.1p −0.3 0.2 −2.5 −2.1 Forestry products MC8R 7169202000 116.6 116.8 116.7 115.0p 114.6p −1.5 −0.3 −1.4 −1.8 Other mining & quarrying products MC8W 7169208000 123.1 124.9 127.3 128.4p 131.5p 0.9 2.4 −7.5 −4.9 Tobacco products MC8X 7169212000 98.6 98.3 98.5 96.9p −0.4 −1.2 −5.3 −5.5 Textiles MC8Y 7169213000 110.0r 110.6 111.3 111.4p 111.1p 0.1 −0.3 0.4 0.5 Wearing apparel MC8Z 7169214000 107.9 107.9 108.5 108.3p 106.6p −0.2 −1.6 −1.0 −1.8 Leather & related leather products MC92 7169215000 106.4 105.0 108.0 108.0p 107.2p − −0.7 −2.5 −2.4 Wood & wooden products MC93 7169216000 102.9 103.1 103.4 103.7p 103.0p 0.3 −0.7 1.5 0.7 Paper & paper products MC94 7169217000 100.6 101.0 101.2 101.3p 101.1p 0.1 −0.2 −0.8 −1.6 Printing & recording services MC95 7169218000 98.9 98.4 98.5 95.3p −0.9 −2.4 −6.0 −7.1 Coke & refined petroleum products MC96 7169219000 122.2 122.8 120.4 117.2p 118.8p −2.7 1.4 −7.6 −5.5 Furniture MC9D 7169231000 61.4 61.8 61.9 61.3p −0.3 −0.6 4.8 4.1 Glass, refractory, clay other porcelain, ceramic stone & abrasive products MC9R 7169323990 101.7 102.1r 102.5 102.6p 101.9p 0.1 −0.7 −0.8 −1.5 Cement, lime, plaster & articles of concrete, cement & plaster MC9Q 7169323560 101.6 101.9r 102.4 102.5p 101.8p 0.1 −0.7 −0.8 −1.5 Alcoholic beverages MC9Z 7169411016 98.2 98.1 98.5 96.8p −0.2 −1.5 −3.5 −3.7 Soft drinks, mineral water & other bottled waters MCA2 7169411070 106.3 106.0 106.3 106.0p 103.6p −0.3 −2.3 −4.3 −4.9 Other manufactured goods n.e.c MC9E 7169232000 100.8 101.5 102.5 103.0p 102.9p 0.5 −0.1 −2.3 −1.0 K64F 6207008500 105.2 103.8 102.7 −3.5 −3.4 −10.3 −12.7 Other imported parts & equipment Other imports 95.8r 96.4 96.2p 98.1p 98.1p 97.6p 61.7p 98.3p Imported materials All imported materials - total (incl Crude Oil) 1 The Climate Change Levy was introduced in April 2001. p = provisional r = revised 99.1p 95.7p Source: Office for National Statistics 8R Output Prices: revisions (not seasonally adjusted) - SIC 2007 2010=100, SIC2007 All manufacturing excluding food, beverages, tobacco and petroleum Output of manufactured products percentage change over Index (2010=100) 1 month percentage change over 12 months 7200700000 Index (2010=100) 1 month 12 months 7200799000 2011 Jul Aug Sep Oct Nov Dec JVZ7 − − − − − − − − − − − − − − − − − − K3BI − − − − − − − − − − − − − − − − − − 2012 Jan Feb Mar Apr May Jun − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − Jul Aug Sep Oct Nov Dec − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − 2013 Jan Feb Mar Apr May Jun − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − Jul Aug Sep Oct Nov Dec − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − 2014 Jan Feb Mar Apr May Jun − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − Jul Aug Sep Oct Nov Dec − − − − −0.1 −0.3 − − − − −0.1 −0.2 − − − − − −0.3 − − − − − − − − − − − − − − − − − − 2015 Jan .. .. .. .. .. .. Please see Statistical Bulletin section entitled ’Revisions’ for further information. Source: Office for National Statistics 9R Net Sector Input Prices, including Climate Change Levy1: revisions - SIC 2007 2010=100, SIC2007 All manufacturing industries All manufacturing excluding food, beverages, tobacco and petroleum industries not seasonally adjusted not seasonally adjusted percentage change over Index (2010=100) 1 month seasonally adjusted percentage change over 12 months Index (2010=100) percentage change over 12 months Index (2010=100) 1 month 12 months − − − − − − − − − − − − 6207998950 K658 − − − − − − − − − − − − − − − − − − 1 month 2011 Jul Aug Sep Oct Nov Dec 6207000050 K646 − − − − − − − − − − − − − − − − − − 6207990050 K655 − − − − − − 2012 Jan Feb Mar Apr May Jun − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − Jul Aug Sep Oct Nov Dec − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − 2013 Jan Feb Mar Apr May Jun − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − Jul Aug Sep Oct Nov Dec − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − 2014 Jan Feb Mar Apr May Jun − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − − Jul Aug Sep Oct Nov Dec − − − − −0.1 −1.1 − − − − −0.1 −0.9 − − − − −0.1 −0.9 − − − − − −0.5 − − − − − −0.4 − − − − − −0.4 − − −0.1 −0.2 −0.2 −0.7 − − −0.1 −0.1 − −0.5 − − −0.1 −0.2 −0.1 −0.6 2015 Jan .. .. .. .. .. .. .. .. .. 1 The Climate Change levy was introduced in April 2001. Please see Statistical Bulletin section entitled ’Revisions’ for further information. Source: Office for National Statistics
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