Indicator Showing YoY Changes in UK Core Wholesale Prices Ex-Food and Energy
United Kingdom| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Producer Price Index (PPI) is an indicator that measures the changes in prices of goods traded between companies, widely used as a leading indicator of inflation. Particularly, the core PPI, which excludes food and energy, is crucial for accurately capturing underlying inflation pressures by excluding these volatile elements.
The year-on-year core PPI indicates how much prices have changed compared to the same month of the previous year. This data is released monthly by the Office for National Statistics (ONS) and is used to understand inflation trends in the economy. If prices are rising, it indicates increasing inflationary pressures, which may lead the Bank of England (BOE) to consider tightening monetary policy. Conversely, if prices are falling, there is a risk of deflation, and monetary easing may be considered.
Changes in the core PPI directly affect the cost structures and pricing behaviors of companies, ultimately reflecting in consumer prices. Therefore, the core PPI is an important indicator for policymakers and economists.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
