Figures today from the Office for National Statistics show UK factory gate prices have fallen again, this time by 1.7% in the year to March, the same as in February, while consumer inflation remains at zero.

Falls in clothing and gas prices produced the largest downward contributions to the inflation rate but were offset by a rise in the price of motor fuels and smaller upward contributions from a variety of other products, including food.

Core UK factory gate prices, which exclude the more volatile food, beverages, tobacco and petroleum products, rose 0.1% in the year to March, down from a rise of 0.3% in the year to February.

The overall price of materials and fuels bought by UK manufacturers for processing (total input prices) fell 13.0% in the year to March, up from a fall of 13.5% in the year to February.

Even house price inflation fell a bit in the year to February (the latest figures available), down to 7.2% for the UK as a whole from 8.4% in the year to January. If you exclude London and the South East, prices in the rest of the country increased by 5.9% in the year to February.

On a seasonally adjusted basis, average UK house prices increased by 0.6% between January and February.