FX.co ★ UK Input PPI Inflation Cools to 4.9% in July, Easing from 7.3% in June

Input producer price inflation in the United Kingdom slowed sharply in July 2026, offering fresh signs of easing cost pressures in the production pipeline. Year-over-year, input PPI rose 4.9% in July, down from a 7.3% increase recorded in June 2026.

The figures, updated on 19 August 2026, compare each month’s change with the same month a year earlier, highlighting a clear deceleration in cost growth faced by UK producers. While input prices are still rising on an annual basis, the moderation from June to July suggests that upstream inflationary pressures may be gradually abating, a development that could eventually filter through to output prices and consumer inflation in the months ahead.