Producer Price Inflation, UK: January 2022

16th February 2022

The headline rate of output prices showed positive growth of 9.9% on the year to January 2022, up from 9.3% in December 2021.

The headline rate of input prices showed positive growth of 13.6% on the year to January 2022, down from 13.8% in December 2021.

Other manufactured products and metals and non-metallic minerals provided the largest upward contributions to the annual rates of output and input inflation, respectively.

The next PPI release will include the annual update of weights; the new weights will be applied using December 2021 as the link month.

On the month, the rate of output inflation was 1.2% in January 2022, up from 0.3% in December 2021. The monthly rate has been positive for 16 consecutive months, since October 2020.

Note
Read the full report with graphs and charts at
https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/producerpriceinflation/january2022