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Producer output prices rise 9.1%

15 December 2021
producer prices

Producer output prices up by 9.1% in November but input prices rise 14.3%, led by metals and minerals with prices up 21.8%.

While figures released today showed the Consumer Prices Index (CPI) rose by 5.1% in the 12 months to November, up from 4.2% in October, inflation in producer prices was even greater. 

The headline rate of output prices showed an increase of 9.1% on the year to November, up from 8.6% in October. Input prices rose 14.3%, up from 13.7% in October.

Transport and fuel were up, but the biggest increase in prices came from metals and non-metallic minerals, up 21.8% in November.

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