Live Updates > Live Update Details
2026-09-16 14:38:09
[UK Producer Prices Rise 3.7% Year-on-Year in August, Hitting a Three-Month High] ⑴ In August 2026, UK factory gate prices rose 3.7% year-on-year, accelerating from the revised 3.3% increase in July, which was the most modest increase in four months; the August figure exceeded expectations of 3.3%, marking the fastest increase in three months. ⑵ Eight of the ten product groups contributed to the upward movement of the annual increase, with coking coal and refined petroleum products leading the way, rising 49.1%, compared to 35.4% in July, driven by rising energy costs. ⑶ Prices of base metals, metal products, and machinery accelerated, rising 5.6%, compared to 4.9% in July; alcoholic beverages and tobacco products rose 2.0%, compared to 1.2% in July. ⑷ Prices of other manufactured goods slowed, rising 3.5%, compared to 4.5% in July. ⑸ Motor vehicles and other transport equipment made the largest downward contribution to the annual increase, falling 1.4%; food prices followed closely behind, falling 0.9%. (6) On a month-on-month basis, the ex-factory price rose by 0.7% in August, compared with an upward revision of 0.4% in July, which was higher than the expected 0.3%.
