UK producers price pressures ease
![]( "UK producers price pressures ease")
Inflation in UK took a breather in August as Producer Prices eased. Input prices dropped 0.5% in August to an annualized 8.1% down from 10.8% the previous month; though still the drop was half that recorded in July of 1.0% but better than expectations of 0.2% rise.
Prices at factory gates also eased where output prices were flat following the previous and expected 0.1% rise dropping to an annual 4.7% from 5.0%. Core prices were in line with expectations with 0.1% rise on the month and annual 4.6% down from 0.2% and 4.7% the previous month respectively.