UK producer prices rise most since 2023
Factory gate prices for UK-manufactured goods rose 3.6% year-on-year in October 2025, following an upwardly revised 3.5% gain in September, marking the largest increase since May 2023.
Out of the ten product groups, nine made upward contributions to annual output inflation, led by food products, motor vehicles, and other transport equipment.
Prices for food products increased 4.6%, unchanged from September, while motor vehicles and transport equipment rose 6.6%, edging up from 6.5% previously.
Inflation also picked up for basic metals, fabricated metal products, and machinery, rising 4.1% after a 3.5% gain in September. Meanwhile, the only downward contribution came from coke and refined petroleum products, where prices fell 1.4%, easing from the 2.6% decline in the prior period.
On a monthly basis, producer output prices were unchanged, at the same pace as in September, as expected.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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