10 September 2001, 12:35 UK Aug producer input, output prices-OVERVIEW
--UK Aug unadj producer output prices -0.1% on mo; +0.3% on yr
--UK Aug adj core output prices unch on mo; +0.2% on yr
--UK Aug adj prod input prices -0.4% on mo; -2.3% on yr
--UK Aug unadj prod input costs -0.2% vs mo; -2.3% on yr
--ONS: UK Aug monthly output prices dn mainly on petrol products
--UK Aug input price yrly fall biggest since May 1999
--UK Aug input price monthly fall mainly on metals, home food
London, Sept. 10 (BridgeNews) - U.K. factory gate prices fell slightly
in August while manufacturers' input prices were also down, according to
figures published by the Office for National Statistics on Monday.
Unadjusted output prices fell 0.1% on the month, rising 0.3% on the year,
while adjusted input prices fell 0.4% on the month and were down 2.3% on
the year. Both figures were in line with market forecasts.
The ONS said that the monthly fall in output prices was because of
cheaper petroleum products, while input prices were down on the month due
to a combination of lower prices for imported metals and cheaper
domestically-produced food. The input price fall of 2.4% from a year ago
was the largest decline since May 1999.
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