Overall output prices rose by 1.7% in the year to October according to the producer price index (PPI) published by the ONS. There was a rise of 0.2% in the month to October mainly due to price rises in alcohol and tobacco, transport, petroleum products and electricals. Computers and other information processing equipment had an significant effect up by 9.2%. Food, chemicals and other manufactured goods were the only sectors not to show a rise in the month.
Input prices also rose by 0.1% in the year to October and by 2.6% in the month. These compare with falls of 6.2% and 3.9% respectivly for September. The rise in input prices reflects price rises in crude oil, 6.8% and also fuels, 4.4% (but a fall of 11.3% in the year) and other imported parts and equipment. Home produced food was the only sector not to show a rise in the month to October.
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