FX.co ★ UK PPI Output Inflation Accelerates to 2.6% in March, Up from 1.7%

Producer price inflation at factory gates in the United Kingdom picked up in March 2026, with PPI Output rising 2.6% year-on-year, up from 1.7% in February. The latest figures, updated on 22 April 2026, show a notable acceleration in annual output price growth.

The data compare price changes in March 2026 with those in March 2025, while the previous reading measured February 2026 against February 2025. The move from 1.7% to 2.6% suggests increasing cost pressures at the producer level, which may eventually filter through to consumer prices if sustained.

Market participants and policymakers are likely to watch upcoming releases closely to assess whether this pickup in output price inflation marks the start of a broader trend or reflects temporary factors affecting UK producers.