According to a report released by the UK's Office for National Statistics (ONS), in April of the current year the producer price index (PPI) for the UK manufacturing industry remained unchanged compared to March, following the 0.2 percent month-on-month rise recorded in March. In the 12 months up to April, the output price index of manufactured products for the domestic market rose 0.6 percent year on year.
In April, the UK's PPI for the basic metal industry decreased by 0.5 percent from the previous month and was down 2.6 percent year on year. In the given month, the PPI for domestic manufacture of metal products, except machinery, increased by 0.1 percent compared to March and was down 0.1 percent year on year.
Meanwhile, in the imported metals sector, in April of the current year the input price index of imported basic iron and steel, ferroalloys, tube and pipes in the UK decreased by 0.3 percent month on month and was down 7.6 percent compared to April 2013, while the imported other basic metal product input price index remained stable compared to the previous month and was down 12.4 percent year on year.
