Producer input prices in the UK climbed 7.3% year over year in June, following the revised 9.3% gain earlier, data from the Office for National Statistics showed Wednesday.
Meanwhile, producer output or factory gate prices rose 3.5% annually, against the revised 3.7% increase earlier.
On a monthly basis, producer input prices fell 2% in June, compared with the revised 0.6% uptick previously and expectations of a 0.7% decline. Monthly factory gate prices were unchanged, against market expectations of a 0.1% drop and the revised prior 0.3% growth.