Monday, Jun 12, 2006

Inflation

Times: Factory gate inflation hits eight-month high

Factory gate prices rose by more than expected in May to hit their highest growth rate in eight months as petrol prices hit new highs, according to official figures released today. The Office for National Statistics said output prices rose 0.3 per cent on the month, taking the annual rate up to 3 per cent from 2.5 per cent.

Posted by jason @ 12:54 PM (545 views)
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2 Comments

1. jason said...

ONS Release:

http://www.statistics.gov.uk/cci/nugget.asp?id=248

Monday, June 12, 2006 12:56PM Report Comment
 

2. denzil said...

There's so much pent-up inflation being held back at the factory gate. As soon as the economy picks up you can bet that inflationary costs will be passed on to the consumer.

Monday, June 12, 2006 01:19PM Report Comment
 

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