The most recent producer prices statistical bulletin from the ONS shaowed that in the year to March 2011 output prices rose by 5.4% and input prices rose by 14.6%.
Manufacturing inputs rose in price by 3.7% between February and March 2011 mainly reflecting the increase in prices for crude oil.
Output prices for food products rose 0.5% between february and March and 7.4% in the year to March. In particular, dairy products increased 1.1% notably butter, up 0.4% and bakery products up 0.5%.
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