UK: Output PPI decreases while Input PPI increases year on year

FXStreet Team FXStreet

FXstreet.com (Barcelona) - UK Output PPI grew only 0.8% in March in comparison with April's 1.1%; still the predictions were slightly more pessimistc at 0.7%. As For Output PPI year on year it also grew slightly more than the analysts expected, 5.3 in April in comparison with 5.6% in March.

UK Input PPI registered a solwdown month on month decreasing from 3.8% in March to 2.6% in April. Year on year the indicator jumped up to 17.6% from 14.8% recorded in 2010, slightly more than the analysts predicted.

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