The index of prices received by producers for all agricultural products returned to its May level of 137.5 from the June level of 137.9 in July 2010. Crop products increased from 138.6 to 139.4 but animals and animal products fell from 137.9 to 137.5. Within crop products, the cereals index increased from 142.5 to 144.6 and industrial crops from 136.5 to 157.9. Fresh vegetables fell to 127.9 from 131.1. These prices exclude subsidies.
Prices received for cereals fell again in 2009 from 207.1 in 2008 to 150.1 and industrial crops from 232.9 to 183.4 respectively. Farm gate prices for fresh vegetables also fell in 2009 from 117.5 to 113.9. The index for the total for all products fell from 143.3 to 135.8 in 2009.
The index of prices paid by producers for agricultural inputs shows that the prices paid for seed fell from 101.5 to 99.6 in Jul 2009, fertilisers and soil improvers fell to 244.3 from 245.7. Plant protection products remained unchanged at 99.9. The animal feedingstuffs index increased from 156.1 to 159.9. The overall index for agricultural inputs increased for the fifth consecutive month from 137.2 to 139.7 in July 2010.
The annual series shows that the overall index for prices paid by producers for agricultural inputs fell from 139.6 in 2008 to 132.9 in 2009.
Showing posts with label input. Show all posts
Showing posts with label input. Show all posts
Monday, 20 September 2010
Wednesday, 15 September 2010
Factory Gate Prices Increased In August
Producer output and input price indices from the ONS increased in August. The output index for home sales of manufactured goods increased by 4.7% over the year to August. The monthly index between July and August was unchanged. The inputs index shows an increase of 8.1% over the year but a fall of 0.5% over the month to August.
The main contribution to the change in the annual output index was an increase of 11.6% in the price of petroleum products. Other significant contributions came from 'other products' (6.9%) and electrical and optical (6.5%). On the inputs side, significant contributions were made by imported metals (17.5%), crude oil (11.8%) and imported chemicals (10.7%).
The main contribution to the change in the annual output index was an increase of 11.6% in the price of petroleum products. Other significant contributions came from 'other products' (6.9%) and electrical and optical (6.5%). On the inputs side, significant contributions were made by imported metals (17.5%), crude oil (11.8%) and imported chemicals (10.7%).
Friday, 7 May 2010
Factory Gate Prices Increase Again
Output prices for home sales of manufactured goods went up 5.7% over the year to April 2010 compared to 5% to March. Excluding excise duties changes the increase was 5.3% over the year and 1.3% over the month. The monthly index rose 1.4% between March and April.
Input prices went up 13.1% in the year and 0.6% over the month. The increase mainly reflects the increases in the price of crude oil and imported metals. Imported materials increased in price by 0.8% between March and April.
Input prices went up 13.1% in the year and 0.6% over the month. The increase mainly reflects the increases in the price of crude oil and imported metals. Imported materials increased in price by 0.8% between March and April.
Monday, 12 April 2010
5% Increase In Factory Gate Prices
Output prices for home sales of manufactured products increased by 5% in year to March, from 4.2% last month and 0.9% between February and March. The increase mainly reflects the 24.8% increase in output price for petroleum products over the year. It is the highest increase since September 2008. Electrical and optical increased by 6.3% and chemicals by 4.5%. Excise duties did not contribute that much to the increase. The output price index excluding volatile priced products like food, beverages, tobacco and petroleum increased by 3.6% in the year and 0.7% in the month to March. The output price of petroleum products increased 3.9% over the month. The index for paper products is the lowest it has been since January 2006.
Input prices for materials and fuel for the manufacturing industries increased by 10.1% in the year and 3.6% in the month to March. The increases mainly reflect the 60% increase in price for crude oil and 14.4% increase in price for imported metals over the year. Imported materials as a whole increased 4.4% between February and March. If the more volatile categories are excluded the index increased 4% over the year and 1.1% in the month between February and March. The price of crude oil increased 9.7% in the month between February and March and imported metals 5.3%. It is the largest monthly rise since records began in February 1991.
The producer price index is important because because it provides a key inflation measure as important as the CPI or the RPI and works on a similar 'basket of goods' principle. The current data is from the statistical release from the Office for National Statistics for March 2010.
Input prices for materials and fuel for the manufacturing industries increased by 10.1% in the year and 3.6% in the month to March. The increases mainly reflect the 60% increase in price for crude oil and 14.4% increase in price for imported metals over the year. Imported materials as a whole increased 4.4% between February and March. If the more volatile categories are excluded the index increased 4% over the year and 1.1% in the month between February and March. The price of crude oil increased 9.7% in the month between February and March and imported metals 5.3%. It is the largest monthly rise since records began in February 1991.
The producer price index is important because because it provides a key inflation measure as important as the CPI or the RPI and works on a similar 'basket of goods' principle. The current data is from the statistical release from the Office for National Statistics for March 2010.
Friday, 5 March 2010
Inflation At The Factory Gate Up 4.1%
The output price index for home sales of manufactured products rose by 4.1% over the year to February as compared to January when it rose by 3.8% and 0.3% between January and February to 116.8. The incrrase was mainly due to price rises in chemical products, tobacco and alcohol products and other manufcatured goods. If excise duties are excluded the increases were 3.7% over the year and 0.3% over the month. If the more volatile sectors such as food, beverages, tobacco and petroleum are excluded the increase was 2.9% over the year and 0.3% over the month.
The input price index for materials and fuels bought by the manufacturing industry increased by 6.9% over the year to February and 0.1% over the month to February. The increases are mainly the result of price rises in imported parts and equipment, chemicals and other imported materials. These were offset by falls in the price of fuel and crude oil. Import prices as a whole increased by 0.3% between January and February. If food, beverages, tobacco and petroleum prices are excluded the increases were 1.9% over the year and 0.5% over the month.
Looking at output prices in more detail the price of petroleum products increased by 20% over the year, the next largest increase was electrical and optical which rose by 5.1%. The changes over the month were minor in comparison. Chemical products increased by 0.6%, the biggest increase followed by tobacco and alcohol at 0.5%. Petroleum products fell by -0.2% over the month. Office machinery and equipment increased by 13.4% over the year and 1.6% over the month. Recovered secondary raw materials rose by 24.7% over the year and 0.4% over the month. The prices for fabricated metal products fell by 0.5% over the year and 0.1% over the month.
The biggest contributions to the increase in input prices over the year were crude oil with an increase of 54.5% and imported metals at 8.6%. Over the month from January to February the main contributors were imported chemicals and imported metals at 0.9%, the highest since the 9.4% of September 2008, and home food materials at 0.7% offset by falls in the prices of fuel at -2.6% and crude oil at -0.7%. Office machinery and computer parts increased by 23.9% over the year and 2.8% over the month, imported non-ferrous metals increased by 21.7% over the year but fell -0.4% over the month. There were big falls in the prices of electricity and gas at -10.1% and -33.1% respectively and -18.5% overall.
The input price index for materials and fuels bought by the manufacturing industry increased by 6.9% over the year to February and 0.1% over the month to February. The increases are mainly the result of price rises in imported parts and equipment, chemicals and other imported materials. These were offset by falls in the price of fuel and crude oil. Import prices as a whole increased by 0.3% between January and February. If food, beverages, tobacco and petroleum prices are excluded the increases were 1.9% over the year and 0.5% over the month.
Looking at output prices in more detail the price of petroleum products increased by 20% over the year, the next largest increase was electrical and optical which rose by 5.1%. The changes over the month were minor in comparison. Chemical products increased by 0.6%, the biggest increase followed by tobacco and alcohol at 0.5%. Petroleum products fell by -0.2% over the month. Office machinery and equipment increased by 13.4% over the year and 1.6% over the month. Recovered secondary raw materials rose by 24.7% over the year and 0.4% over the month. The prices for fabricated metal products fell by 0.5% over the year and 0.1% over the month.
The biggest contributions to the increase in input prices over the year were crude oil with an increase of 54.5% and imported metals at 8.6%. Over the month from January to February the main contributors were imported chemicals and imported metals at 0.9%, the highest since the 9.4% of September 2008, and home food materials at 0.7% offset by falls in the prices of fuel at -2.6% and crude oil at -0.7%. Office machinery and computer parts increased by 23.9% over the year and 2.8% over the month, imported non-ferrous metals increased by 21.7% over the year but fell -0.4% over the month. There were big falls in the prices of electricity and gas at -10.1% and -33.1% respectively and -18.5% overall.
Monday, 8 February 2010
Factory Gate Prices Increase Again
Output prices rose overall by 3.8% in the year to January, compared with a 3.5% rise in the year to December. The index rose 0.4% between December and January mainly due to price rises in petrol products, tobacco and alcohol products and other manufactured products. Input prices for materials and fuels rose 8.4% in the year to January compared with 7.4% in the year to December and 2% between December 2009 and January 2010 compared with 0.6% between November and December 2009.
Over the year to January output prices increased in all catogories except textiles and clothing which decreased by o.2% The biggest increase was in petroleum products with 20.6%. Electrical and optical went up 4.3%, tobacco and alcohol by 3.7% and both transport and other products by 3.3%. The changes over the month to January saw decreases in the output prices of food at 0.1%, textiles and clothing at 1.2% and metal products at 0.1%. Petroleum products went up by 1.7% which was the biggest increase over the month.
Input prices were generally up with a 70.6% rise in the price of crude oil. Impiorted metals went up by 7.1%. A number of categories prices went down in January including fuel at 16.1%. Imported food materials prices decreased by 2.8%, home food materials prices decreased by 5.7% and other home produced materials by 0.7%. Over the month the price of crude oil increased by 5.3% and fuel by 3.1%. Home food products materials prices increased by 0.4% and imported food materials products by 0.3%.
Over the year to January output prices increased in all catogories except textiles and clothing which decreased by o.2% The biggest increase was in petroleum products with 20.6%. Electrical and optical went up 4.3%, tobacco and alcohol by 3.7% and both transport and other products by 3.3%. The changes over the month to January saw decreases in the output prices of food at 0.1%, textiles and clothing at 1.2% and metal products at 0.1%. Petroleum products went up by 1.7% which was the biggest increase over the month.
Input prices were generally up with a 70.6% rise in the price of crude oil. Impiorted metals went up by 7.1%. A number of categories prices went down in January including fuel at 16.1%. Imported food materials prices decreased by 2.8%, home food materials prices decreased by 5.7% and other home produced materials by 0.7%. Over the month the price of crude oil increased by 5.3% and fuel by 3.1%. Home food products materials prices increased by 0.4% and imported food materials products by 0.3%.
Tuesday, 12 January 2010
Output And Input Prices Up In December
Output prices rose overall by 3.5% in the year to December, compared with a 2.9% rise in the year to November. The index rose 0.5% between November and December mainly due to price rises in food, electrical products, transport equipment and other manufactured products. Input prices for materials and fuels rose 6.9% in the year to December compared with 4% in the year to November and 0.1% between November and December 2009 comapred with a fall of 2.6% between November and December 2008.
Output prices rose across the board the most significant rise being in petroleum products at 16%. Other significant increases over the year were in transport at 4.2% and electrical and optical at 3.8%. In the month to December the changes were included increases in transport at 1.2%, electrical and optical at 1.1% and other products at 1.2%. There was a decrease of 0.2% in tobacco and alcohol.
Details of input price changes over the year to December show a 65.9% increase in crude oil prices, and a decrease of 18.7% in fuel prices. Imported metals went up by 5.8% and other imported materials by 4.3%. Other significant downward price changes were in home food materials by 5.6% and imported food materials by 2%. In the month to December the significant price changes were a downward change of 2.2% in crude oil prices. other changes included a 1.1% increase in the price of fuels, 1.2% increase in imported metals and 1% in the price of imported food materials.
Output prices rose across the board the most significant rise being in petroleum products at 16%. Other significant increases over the year were in transport at 4.2% and electrical and optical at 3.8%. In the month to December the changes were included increases in transport at 1.2%, electrical and optical at 1.1% and other products at 1.2%. There was a decrease of 0.2% in tobacco and alcohol.
Details of input price changes over the year to December show a 65.9% increase in crude oil prices, and a decrease of 18.7% in fuel prices. Imported metals went up by 5.8% and other imported materials by 4.3%. Other significant downward price changes were in home food materials by 5.6% and imported food materials by 2%. In the month to December the significant price changes were a downward change of 2.2% in crude oil prices. other changes included a 1.1% increase in the price of fuels, 1.2% increase in imported metals and 1% in the price of imported food materials.
Friday, 11 December 2009
Petroleum Prices Push Up Producer Prices
The producer prices statistics for November show that input prices for home sales of manufactured goods went up 2.9% in the year to November (1.9% in October) and 0.2% in the month between October and November (0.9% same period 2008). Input prices for the manufacturing industry went up 4% over the year to November (0.4% in October) and 0.1% in the month between October and November (3.3% same period 2008).
The main contributions to the changes in the output price index over the year were petroleum products, tobacco and alcohol. Over the last month to November the main contributions were from petroleum products and food. The biggest contribution to the change in the input prices was from crude oil with a 30.3% rise in price, the largest annual rise since the 45.4% rise in September 2008, and imported parts ands equipment. Crude oil and fuel were the main contributors to the change in the index over the month.
The main contributions to the changes in the output price index over the year were petroleum products, tobacco and alcohol. Over the last month to November the main contributions were from petroleum products and food. The biggest contribution to the change in the input prices was from crude oil with a 30.3% rise in price, the largest annual rise since the 45.4% rise in September 2008, and imported parts ands equipment. Crude oil and fuel were the main contributors to the change in the index over the month.
Tuesday, 10 November 2009
Factory Gate Prices Up In October
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.
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.
Friday, 6 November 2009
Price Rises At Factory Gate
The October Producer Prices Index was released today by the ONS. It tells us that the overall output prices index rose 1.7% in the year to October and 0.2% in the month between September and October. At the same time the input prices index rose by 0.1% in the year and 0.8% in the month.
The input index for manufacturing rose 2.6% over the month to October compared with 3.9% last month and 0.1% over the year. The output price index for manufactured goods rose 1.7% in the year and 0.2% during the month. Food output prices decreased 0.3% over the month and rose 0.6% over the year.
The input index for manufacturing rose 2.6% over the month to October compared with 3.9% last month and 0.1% over the year. The output price index for manufactured goods rose 1.7% in the year and 0.2% during the month. Food output prices decreased 0.3% over the month and rose 0.6% over the year.
Wednesday, 14 October 2009
Producer Prices Increase 0.4%
Output prices of manufactured products increased by 0.4% in the year to September compared to August when they fell by 0.3%. Prices increased over the month between August and September by 0.5%. The changes reflect increases in the prices of petroleum products of 2% and changes in duty on petroleum products which is estimated to have added 0.2% to the output index. Unleaded petrol is reported to have increased by 2.6% between August and September but decreased by 3.1% over the last year. Prices excluding excise duties fell by 0.6% over the year and increased by 0.4% on the month and excluding food, beverages, tobacco and petroleum increased by 1.4% over the year and 0.5% over the month.
Input prices for materials and fuels fell by 6.5% over the year to September and fell 0.5% over the month. It compares with a fall of 7.7% in the year to August. The manufacturing index fell 0.5% between August and September compared with 1.7% for the same time last year. The fall reflects the fall of 4.4% in the price of crude oil for the month and 24.1% over the year. Imported materials increased by 1% over the month to September offsetting the fall. The index excluding food, beverages, tobacco and petroleum fell by 1.7%.
Input prices for materials and fuels fell by 6.5% over the year to September and fell 0.5% over the month. It compares with a fall of 7.7% in the year to August. The manufacturing index fell 0.5% between August and September compared with 1.7% for the same time last year. The fall reflects the fall of 4.4% in the price of crude oil for the month and 24.1% over the year. Imported materials increased by 1% over the month to September offsetting the fall. The index excluding food, beverages, tobacco and petroleum fell by 1.7%.
Friday, 11 September 2009
Fall In Prices At Factory Gate In August
The 'factory gate' or output producer prices annual inflation for all manufactured goods for consumer sales fell 0.4% in August. These are the prices manufacturers sell their goods. Input price annual inflation, the price at which they buy their materials, fell 7.5% in August compared with 12.2% in July. Month on month output prices actually rose 0.2% in August and input prices rose 2.2%. The output index that leaves out the more volatile sectors like food, beverages, tobacco and petrol rose 0.7%. These index numbers reflect an increase in the price of crude oil and other imported materials of 1.6%.
Tuesday, 9 June 2009
Inputs And Outputs Both Down
According to last week's PPI figures from the ONS output prices were down 0.3% in the year to May but rose 0.4% in the month to May. It compares with a rise of 1.3% in the year to April. The rise in petrol prices is partly the cause. Input prices fell by 9.4% in the year but rose 0.4% in the month to May. It is partly a result of a rise in the price of crude oil and partly offset by a fall in fuel prices. The output PPI was affected by Budget measures increasing petrol, alcohol and tobacco taxes which are estimated to have added 0.1% in May if passed on in full.
Tuesday, 12 May 2009
Output Prices Up, Input Prices Down
Output prices were up 1.2% in year-on-year figures to April compared with 2.0% on year to March. Monthly figures were up 0.6% March to April reflecting the rise in petroleum products originally announced in the 2007 Budget and additional increases in excise duty. The excise duty on products like petrol, tobacco and alcoholic drinks may have added 0.2% to the overall output index. Excluding duty the annual index was up 0.9% and the monthly 0.4%. The output prices index excluding food and beverages rose 2.4% in year to April and the monthly index was up by 0.4%.
Input prices fell by 5.0% in the year to April and by 1.0% in the month March to April compared to 3.9% last year. It is the largest annual decrease since a fall of 5.3% in 2002. The fall reflects an 8.2% fall in the price of fuel in the month offset by a rise in crude oil prices. The prices of imported materials fell 1.0% in the month. Input prices for manufacturing excluding food and beverages rose by 3.3% in the year compared with 7.6% in year to March but fell 0.7% in the month.
Input prices fell by 5.0% in the year to April and by 1.0% in the month March to April compared to 3.9% last year. It is the largest annual decrease since a fall of 5.3% in 2002. The fall reflects an 8.2% fall in the price of fuel in the month offset by a rise in crude oil prices. The prices of imported materials fell 1.0% in the month. Input prices for manufacturing excluding food and beverages rose by 3.3% in the year compared with 7.6% in year to March but fell 0.7% in the month.
Monday, 20 April 2009
Business And Economic Indicators
Business and economic indicators are very useful in monitoring and steering a business or an economy. Indices can be developed to monitor almost anything. Some recent figures from various sources may show how they can help give a sense of direction.
UK retail sales fell 1.2% on a like-for-like basis and 0.6% total compared with March last year. Food sales were slightly up. Non-food non-store sales, a part of total sales and an index that includes Internet sales, were 10.8% up on last year. The timing of Easter made comparisons with March last year difficult because Easter was included in last years March calculations (Interpreted from BRC figures) but will be in April's this year.
The CBI's March survey reported that the majority of retailers said year-on-year sales for March were down but that expectations had been higher. They do not expect any improvement next month.
Manufacturing output decreased by 6.5% in February. The Index is at 90.4, 12.2% down on the same p[eriod last year. Between January and February output decreased by 0.9% from revised figures. Falls were mainly in the car industry, metals and machinery industries (Interpreted from ONS figures).
Producer output prices rose by 2% in the year to March 2009. The Index rose 0.1% from February to March 2009. Excluding food and beverages the rise was 3.3% over the year and 0.2% February to March. Input prices fell 0.4% over the year but rose by 1% from February to March 2009. Input prices excluding food and beverages rose by 7.4% in the year to March and 0.2% February to March (Interpreted from ONS figures).
Consumer confidence is increasing gradually. It is the highest since May 2008 and has risen 5 points to -30 according to NOP. It is still well down on March 2008 by 11 points but the recession hadn't taken hold then. Confidence in the general economic situation is up 7 points to -75 but it is still 32 points down on this time last year. Expectations for the next 12 months have increased by 9 points. Consumers are also more confident about saving than last month but again well down on this time last year (Interpreted from the Consumer Confidence Barometer, NOP/GfK).
The Net Rate of Return of UK companies in private non-financial category for Q4, 2008 was 12.8%. The revised estimate for Q3 was 13.7% or down 0.9%. NRR for manufacturing was 8.5% and services 15.8%. The annual net rate of return for 2008 was 13.8%. It compares with 14.8% of 2007. The Net Rate of Return is an indicator of the profitability of a company (An interpretation of ONS figures).
These indicators can tell us about a business or an economy. They may be accurate, they may not but even if not, that might tell us something about the researchers and/or their methodology.
UK retail sales fell 1.2% on a like-for-like basis and 0.6% total compared with March last year. Food sales were slightly up. Non-food non-store sales, a part of total sales and an index that includes Internet sales, were 10.8% up on last year. The timing of Easter made comparisons with March last year difficult because Easter was included in last years March calculations (Interpreted from BRC figures) but will be in April's this year.
The CBI's March survey reported that the majority of retailers said year-on-year sales for March were down but that expectations had been higher. They do not expect any improvement next month.
Manufacturing output decreased by 6.5% in February. The Index is at 90.4, 12.2% down on the same p[eriod last year. Between January and February output decreased by 0.9% from revised figures. Falls were mainly in the car industry, metals and machinery industries (Interpreted from ONS figures).
Producer output prices rose by 2% in the year to March 2009. The Index rose 0.1% from February to March 2009. Excluding food and beverages the rise was 3.3% over the year and 0.2% February to March. Input prices fell 0.4% over the year but rose by 1% from February to March 2009. Input prices excluding food and beverages rose by 7.4% in the year to March and 0.2% February to March (Interpreted from ONS figures).
Consumer confidence is increasing gradually. It is the highest since May 2008 and has risen 5 points to -30 according to NOP. It is still well down on March 2008 by 11 points but the recession hadn't taken hold then. Confidence in the general economic situation is up 7 points to -75 but it is still 32 points down on this time last year. Expectations for the next 12 months have increased by 9 points. Consumers are also more confident about saving than last month but again well down on this time last year (Interpreted from the Consumer Confidence Barometer, NOP/GfK).
The Net Rate of Return of UK companies in private non-financial category for Q4, 2008 was 12.8%. The revised estimate for Q3 was 13.7% or down 0.9%. NRR for manufacturing was 8.5% and services 15.8%. The annual net rate of return for 2008 was 13.8%. It compares with 14.8% of 2007. The Net Rate of Return is an indicator of the profitability of a company (An interpretation of ONS figures).
These indicators can tell us about a business or an economy. They may be accurate, they may not but even if not, that might tell us something about the researchers and/or their methodology.
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