UK pausing publication of producer price index - Breaking The News

UK pausing publication of producer price index

21 March

1 min read

UNSPLASH / CHRIS_LAWTON

The Office for National Statistics (ONS) in the United Kingdom revealed on Friday that it will temporarily suspend producer price publications, citing "a problem with the chain-linking methods used to calculate these indices."

"During work to improve the systems used to create the Producer Price Index (PPI) and the Services Producer Price Indices (SPPI), our quality assurance identified a problem with the chain-linking methods used to calculate these indices ... As a consequence, we are pausing the publication of PPI and SPPI data, which was next due on 26 March, while we rectify this issue," the statistical agency stated.

The consumer price index (CPI) will remain unaffected.

producer prices producer price index ppi

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