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UK: Annual PPI – Output rises 2.2% in December

By FXstreet.com,  January 15, 2013, 04:49:00 AM EDT

FXstreet.com (Barcelona) - In the year to December 2012 UK PPI - Output n.s.a. grew 2.2% , in comparison with a increase of 2.1% the previous month, National Statistics reported today. Analysts expected more growth of 2.4%. On a monthly basis UK PPI - Output n.s.a. fell 0.1% in December, following a 0.3% drop in November and against market consensus of no change.

Annual UK PPI - Input n.s.a. rose 0.3% in December, compared with November's 0.1% decrease, in line with consensus. Between November and December UK PPI - Input fell 0.2%, after growing 0.1% between October and November and against projections of remaining unchanged.

Year-over-year PPI Core Output rose 1.5%, following 1.4% growth. On a monthly basis PPI core Output remained flat, following a 0.1% decrease. Both results are in line with market consensus.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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