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13/08/2001
UK producer prices show marginal fall
Overall UK manufacturing prices fell by 0.2 per cent in July from those from June.
According to the latest figures available form the Office for National Statistics the past year has seen the prices charged to manufacturers, the input prices, fall for the first time in over two years.
The figures will help stymie speculation that the decision by the Bank of England’s Monetary Policy Committee to cut interest rate for the fourth time this year would spark an immediate round of inflation.
Input prices charged to manufacturers have fallen by 0.3 per cent this year, compared to a rise of 2.4 per cent increase to June.
The fall is in part due to a fall of 11.8 per cent in crude oil prices, the largest drop in recent years, and a reduction in the price of other imported materials such as non-ferrous metals.
In part these have been the result of an improvement in the value of the pound against the dollar.
The downside is that the manufacturers will see little gain in terms of margins, which remain slim due to the continuing strength of sterling. (SP)
According to the latest figures available form the Office for National Statistics the past year has seen the prices charged to manufacturers, the input prices, fall for the first time in over two years.
The figures will help stymie speculation that the decision by the Bank of England’s Monetary Policy Committee to cut interest rate for the fourth time this year would spark an immediate round of inflation.
Input prices charged to manufacturers have fallen by 0.3 per cent this year, compared to a rise of 2.4 per cent increase to June.
The fall is in part due to a fall of 11.8 per cent in crude oil prices, the largest drop in recent years, and a reduction in the price of other imported materials such as non-ferrous metals.
In part these have been the result of an improvement in the value of the pound against the dollar.
The downside is that the manufacturers will see little gain in terms of margins, which remain slim due to the continuing strength of sterling. (SP)
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House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
Halifax report continuing rise in house prices
House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
10 December 2001
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
20 February 2002
NI house prices still rising
A report by the University of Ulster has revealed that house prices in Northern Ireland are still rising, but the recent boom in the property market has slowed down.
NI house prices still rising
A report by the University of Ulster has revealed that house prices in Northern Ireland are still rising, but the recent boom in the property market has slowed down.
24 July 2009
Factory Gate Prices Grow
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Factory Gate Prices Grow
It emerged this week that the overall benchmark factory gate price paid for goods leaving Irish factories has gone up. However, it was only marginal, rising by just 0.1% over the year to June, according to data from the Central Statistics Office (CSO).
20 October 2008
UK 'Already In Recession', Forecasters Say
Britain's economy is already in recession, and is due to shrink by 1% in the next year, according to expert analysts. The Ernst & Young ITEM Club said the UK economy has "deteriorated dramatically" in the past three months and will fall by 1% in the next 12 months, before it will recover in 2010 by only 1%.
UK 'Already In Recession', Forecasters Say
Britain's economy is already in recession, and is due to shrink by 1% in the next year, according to expert analysts. The Ernst & Young ITEM Club said the UK economy has "deteriorated dramatically" in the past three months and will fall by 1% in the next 12 months, before it will recover in 2010 by only 1%.
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