Tuesday, December 11, 2007
UK output prices at a 16 year high
In November, output price annual inflation for all manufactured products rose to 4.5 per cent, the highest since August 1991, a 16-year high. Input price inflation rose from 8.5 per cent in October to 10.3 per cent in November. Month on month, output prices for all manufactured products rose 0.5 per cent in November, mainly reflecting rises in petrol and food products.