DJ MARKET TALK: UK Input Prices Weaker Than Expected In August

U.K. seasonally adjusted input prices fell 0.5% on the month and grew 0.7% on the year in August, below economists' expectations. Output prices rose 0.1% on the month and 2.5% on the year, the Office of National Statistics says. Core output prices, which exclude volatile items, such as food, drink, tobacco, and petrol, rose 0.2% on the month and 2.4% on the year. In a DJN survey, economists predicted that output prices would rise 0.1% on the month and 2.4% on the year. They estimated that input prices would fall 0.2% on the month and rise 0.9% on the year, and that core prices would rise 2.3% on the year.

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