UK producer price data showed mixed movements in February 2026, according to the Office for National Statistics. Producer input prices rose by 0.5% over the year, recovering from a revised decline of 0.4% in January.
However, producer output prices, also known as factory gate prices, increased by 1.7% annually, slowing from a 2.5% rise in the previous month.
On a monthly basis, input costs climbed by 0.8% in February, while output prices fell by 0.5%, indicating some pressure on manufacturers’ margins.
The Import Price Index recorded a modest annual increase of 0.3% over the same period.
The latest Producer Price Index (PPI) figures have been calculated using updated weights, in line with the annual chain-linking method.
It is important to note that the data reflects price conditions before the escalation of tensions in the Middle East on 28 February 2026, and therefore does not capture any impact from the recent conflict.