United Kingdom GBP

United Kingdom PPI Input MoM

Info

History

Chart

Impact:

Low

Source: Office for National Statistics

Latest Release:

Date:

Actual:

0.8%

Forecast: 0.8%

Previous/Revision:

0.2%

Period: Jan

Next Release:

Date:

Forecast: 0.5%

Period: Feb

What Does It Measure?

The United Kingdom Producer Price Index (PPI) Input measures the average change in purchase prices paid by domestic producers for their raw materials and inputs. It focuses primarily on price fluctuations in goods that producers acquire for manufacturing and provides insight into inflationary pressures within production sectors.

Frequency

This indicator is released on a monthly basis, typically published around the middle of each month, and includes preliminary estimates subject to potential revision in subsequent releases.

Why Do Traders Care?

Traders monitor the PPI Input as it is a leading indicator of inflation that can influence the Bank of England's monetary policy decisions, thereby impacting interest rates. Higher-than-expected readings can be bullish for the GBP and raise concerns in equity markets due to potential cost pressures on companies.

What Is It Derived From?

The PPI Input is derived from a survey that collects price data from a wide range of manufacturers and producers within the UK economy. This includes both established and new firms and employs a weighting system based on the value of inputs used across various industries.

Description

The PPI Input is presented as a percentage change from the previous month, highlighting short-term trends in production input costs, which are vital for assessing inflationary trends. Month-over-Month (MoM) comparisons are utilized to indicate immediate price changes, allowing traders to identify sudden shifts in economic conditions promptly.

Additional Notes

The PPI Input serves as a leading economic indicator, influencing expectations about future consumer price inflation and economic health. It often correlates with developments in other inflation metrics, such as the Consumer Price Index (CPI), and is essential for analyzing price movements within the broader economy.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for GBP, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Feb 19, 2025	0.8%	0.8%	0.2%
Jan 15, 2025	0.1%	0.2%	0%	-0.1%
Dec 18, 2024	0%	0.2%	0.1%	-0.2%
Nov 20, 2024	0.1%	0.6%	-0.5%	-0.5%
Oct 16, 2024	-1%	-0.6%	-0.3%	-0.4%
Sep 18, 2024	-0.5%	-0.3%	-0.3%	-0.2%
Aug 14, 2024	-0.1%	-0.4%	-0.4%	0.3%
Jul 17, 2024	-0.8%	0%	-0.6%	-0.8%
Jun 19, 2024	0%	-0.2%	0.8%	0.2%
May 22, 2024	0.6%	0.4%	-0.2%	0.2%
Apr 17, 2024	-0.1%	0.1%	0.3%	-0.2%
Mar 20, 2024	-0.4%	0.2%	-0.1%	-0.6%
Feb 14, 2024	-0.8%	0.2%	-0.4%	-1%
Jan 17, 2024	-1.2%	-0.7%	-0.4%	-0.5%
Dec 20, 2023	-0.3%	-0.8%	0.4%	0.5%
Nov 15, 2023	0.4%	0.2%	0.6%	0.2%
Oct 18, 2023	0.4%	0.9%	0.8%	-0.5%
Sep 20, 2023	0.4%	0.2%	-0.4%	0.2%
Aug 16, 2023	-0.4%	0%	-1.3%	-0.4%
Jul 19, 2023	-1.3%	-0.3%	-1.2%	-1%
Jun 21, 2023	-1.5%	-0.5%	0.1%	-1%
May 24, 2023	-0.3%	0.2%	0.2%	-0.5%
Apr 19, 2023	0.2%	-0.3%	0%	0.5%
Mar 22, 2023	-0.1%	0%	0.4%	-0.1%
Feb 15, 2023	-0.1%	0.2%	-1.1%	-0.3%
Jan 25, 2023	-1.1%	0.5%	-0.2%	-1.6%
Nov 16, 2022	0.6%	0.3%	0.9%	0.3%
Oct 19, 2022	0.4%	-0.4%	-0.9%	0.8%
Sep 14, 2022	-1.2%	0.3%	0%	-1.5%
Aug 17, 2022	0.1%	1.1%	1.8%	-1%
Jul 20, 2022	1.8%	1.4%	2.1%	0.4%
Jun 22, 2022	2.1%	1.9%	2.7%	0.2%
May 18, 2022	1.1%	1.1%	4.6%
Apr 13, 2022	5.2%	2.5%	1.8%	2.7%
Mar 23, 2022	1.4%	1.2%	1.5%	0.2%
Feb 16, 2022	0.9%	0.9%	0.1%
Jan 19, 2022	-0.2%	0.7%	1.5%	-0.9%
Dec 15, 2021	1%	0.5%	1.6%	0.5%
Nov 17, 2021	1.4%	1.1%	0.8%	0.3%
Oct 20, 2021	0.4%	1%	0.5%	-0.6%
Sep 15, 2021	0.4%	0.2%	1.3%	0.2%
Aug 18, 2021	0.8%	0.5%	0.5%	0.3%
Jul 14, 2021	-0.1%	1.2%	1.2%	-1.3%
Jun 16, 2021	1.1%	1.1%	1.2%
May 19, 2021	1.2%	1.1%	1.9%	0.1%
Apr 21, 2021	1.3%	0.6%	0.9%	0.7%
Mar 24, 2021	0.6%	0.7%	1%	-0.1%
Feb 17, 2021	0.7%	0.5%	1.2%	0.2%
Jan 20, 2021	0.8%	0.7%	0.4%	0.1%
Dec 16, 2020	0.2%	0.4%	0.4%	-0.2%
Nov 18, 2020	0.2%	0.1%	0.3%	0.1%
Oct 21, 2020	1.1%	-0.4%	-0.2%	1.5%
Sep 16, 2020	-0.4%	0.3%	1.8%	-0.7%
Aug 19, 2020	1.8%	1.1%	3%	0.7%
Jul 15, 2020	2.4%	3%	0.9%	-0.6%
Jun 17, 2020	0.3%	4.5%	-5.5%	-4.2%
May 20, 2020	-5.1%	-4%	-3.8%	-1.1%
Apr 22, 2020	-3.6%	-3.9%	-1.2%	0.3%
Mar 25, 2020	-1.2%	-2%	0.3%	0.8%
Feb 19, 2020	0.9%	-0.4%	0.9%	1.3%
Jan 15, 2020	0.1%	0.3%	0.5%	-0.2%
Dec 18, 2019	-0.3%	0.1%	-1.1%	-0.4%
Nov 13, 2019	-1.3%	-1.2%	-0.9%	-0.1%
Oct 16, 2019	-0.8%	0.2%	-0.3%	-1%
Sep 18, 2019	-0.1%	-0.2%	0.6%	0.1%
Aug 14, 2019	0.9%	0.5%	-0.8%	0.4%
Jul 17, 2019	-1.4%	-0.8%	0%	-0.6%
Jun 19, 2019	0%	0.2%	1.9%	-0.2%
May 22, 2019	1.1%	1.3%	-0.8%	-0.2%
Apr 17, 2019	-0.2%	0.3%	1%	-0.5%
Mar 20, 2019	0.6%	0.9%	-0.3%	-0.3%
Feb 13, 2019	-0.1%	0.3%	-1.6%	-0.4%
Jan 16, 2019	-1%	-1.6%	-2.6%	0.6%
Dec 19, 2018	-2.3%	-3%	0.8%	0.7%
Nov 14, 2018	0.8%	0.6%	1.4%	0.2%
Oct 17, 2018	1.3%	1%	1.2%	0.3%
Sep 19, 2018	0.5%	0.4%	0.5%	0.1%
Aug 15, 2018	0.5%	0.1%	0.3%	0.4%
Jul 18, 2018	0.2%	0.3%	3.3%	-0.1%
Jun 13, 2018	2.8%	1.6%	0.6%	1.2%
May 23, 2018	0.4%	1%	0.1%	-0.6%
Apr 18, 2018	-0.1%	0.3%	-0.4%	-0.4%
Mar 20, 2018	-1.1%	-0.9%	0.4%	-0.2%
Feb 13, 2018	0.7%	0.7%	0.6%
Jan 16, 2018	0.1%	0.4%	1.6%	-0.3%
Dec 12, 2017	1.8%	1.5%	1%	0.3%
Nov 14, 2017	1%	1.1%	0.2%	-0.1%
Oct 17, 2017	0.4%	1.3%	2.3%	-0.9%
Sep 12, 2017	1.6%	1.3%	-0.2%	0.3%
Aug 15, 2017	0%	0.5%	-0.3%	-0.5%
Jul 18, 2017	-0.4%	-1%	-0.7%	0.6%
Jun 13, 2017	-1.3%	-0.5%	-0.3%	-0.8%
May 16, 2017	0.1%	0.1%	0.4%
Apr 11, 2017	0.4%	-0.2%	-0.1%	0.6%
Mar 21, 2017	-0.4%	0.1%	1.6%	-0.5%
Feb 14, 2017	1.7%	1%	2.7%	0.7%
Jan 17, 2017	1.8%	2.5%	-0.6%	-0.7%
Dec 13, 2016	-1.1%	-1.9%	4.5%	0.8%
Nov 15, 2016	4.6%	2.1%	0.1%	2.5%
Oct 18, 2016	0%	0.4%	0.2%	-0.4%
Sep 13, 2016	0.2%	0.5%	3.1%	-0.3%
Aug 16, 2016	3.3%	1%	1.7%	2.3%
Jul 19, 2016	1.8%	1.1%	2.2%	0.7%
Jun 14, 2016	2.6%	0.9%	0.9%	1.7%
May 17, 2016	0.9%	1.1%	2.2%	-0.2%
Apr 12, 2016	2%	2.6%	0.1%	-0.6%
Mar 22, 2016	0.1%	0.6%	-1.1%	-0.5%
Feb 16, 2016	-0.7%	-1.4%	-0.3%	0.7%
Jan 19, 2016	-0.8%	-1.8%	-1.6%	1%
Dec 15, 2015	-1.6%	-1.1%	0.2%	-0.5%
Nov 17, 2015	0.2%	0.2%	0.5%
Oct 13, 2015	0.6%	0.4%	-3%	0.2%
Sep 15, 2015	-2.4%	-2.4%	1.2%
Aug 18, 2015	-0.9%	-1.9%	-1.8%	1%
Jul 14, 2015	-1.3%	-0.7%	-1.1%	-0.6%
Jun 16, 2015	-0.9%	0.4%	1.4%	-1.3%
May 19, 2015	0.4%	0.8%	0.4%	-0.4%