Producer price inflation UK February 2026

25th March 2026

Producer input prices rose by 0.5% in the year to February 2026, up from a revised fall of 0.4% in the year to January.

Producer output (factory gate) prices rose by 1.7% in the year to February 2026, down from a rise of 2.5% in the year to January.

On a monthly basis, producer input prices rose by 0.8% and producer output (factory gate) prices fell by 0.5% in February 2026.

The Import Price Index (IPI) rose by 0.3% in the year to February 2026.

This month's Producer Price Index (PPI) estimates are being published with updated weights in line with the annual chain-linking methodology.

The price data used for this publication predates the current hostilities within the Middle East, which commenced on 28 February 2026.

Producer input prices rose by 0.5% in the year to February 2026, which is up from a revised fall of 0.4% in the year to January (Figure 1). Monthly input prices rose by 0.8% in February 2026, up from a revised increase of 0.3% in January (Table 1).

Producer output (factory gate) prices rose by 1.7% in the year to February 2026, which is down from an increase of 2.5% in the year to January (Figure 1). Monthly output prices fell by 0.5% in February 2026, which is down from 0.0% in January (Table 1).

The largest contribution to the annual input producer price inflation rate was an upward contribution from inputs of metals and non-metallic mineral products, where prices rose by 4.2% over the past year.

The largest contribution to the annual output producer price inflation rate was an upward contribution from outputs of food products, where prices rose by 2.4% over the past year.

Read the full ONS report HERE