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18 Jun 2013
UK: Annual PPI – Output rises less than expected in May
FXstreet.com (Barcelona) - In the year to May 2013 UK PPI – Output n.s.a. grew 1.2% in May, in comparison with a increase of 0.9% last month, National Statistics reported today. Analysts expected more growth of 1.5%.
On a monthly basis UK PPI – Output edged remained unchanged in May, following a 0.1% fall in April, as expected.
Annual UK PPI – Input n.s.a. rose 2.2% in May,compared with April's 0.1% drop and below forecasts of 2.5% growth. Between April and May UK PPI – Input fell 0.3%, after declining 2.3% between March and April and against projections of no change.
On a monthly basis UK PPI – Output edged remained unchanged in May, following a 0.1% fall in April, as expected.
Annual UK PPI – Input n.s.a. rose 2.2% in May,compared with April's 0.1% drop and below forecasts of 2.5% growth. Between April and May UK PPI – Input fell 0.3%, after declining 2.3% between March and April and against projections of no change.