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FX.co ★ UK Core PPI Output Edges Higher to 2.0% in March, Signalling Mild Build-Up in Pipeline Inflation

UK Core PPI Output Edges Higher to 2.0% in March, Signalling Mild Build-Up in Pipeline Inflation

Core Producer Price Index (PPI) Output in the United Kingdom ticked up in March 2026, suggesting a modest acceleration in underlying price pressures at the factory gate. Year-over-year, core output prices rose 2.0% in March, up from 1.9% in February 2026, according to data updated on 22 April 2026.

The figures, measured on a year-over-year basis, compare the change in March 2026 against March 2025, while the previous reading reflects the change in February 2026 versus February 2025. The slight increase indicates that core producer prices — which strip out the most volatile components — are rising a bit faster than earlier in the year, a development that may draw attention from policymakers and market participants watching for signs of renewed inflationary momentum further along the price chain.

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