Home breadcru News breadcru Economics breadcru  | UK CPI up 4.6% in 12 months to Oct 2023; factory gate prices down 0.6%

Prime Content | 
UK CPI up 4.6% in 12 months to Oct 2023; factory gate prices down 0.6%

16 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • UK CPI rose by *.* per cent in the 12 months to October—down from *.* per cent in September, while on a monthly basis, CPI did not change in October compared with a *-per cent rise in October 2022, official data show.
  • Producer output (factory gate) prices fell by *.* per cent during that period—down from a revised *.*-per cent rise in the year to September.

Core CPI (excluding energy, food, alcohol and tobacco) rose by *.* per cent during that period, down from *.* per cent in September. The goods CPI annual rate fell from *.* per cent to *.* per cent.

Meanwhile, the annual producer price inflation rates have generally been negative since June ****, with prices in some sectors falling.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!