Friday, July 10, 2009
Output price deflation
Posted by David Smith at 09:45 AM
Category: Thoughts and responses

Factory gate prices for manufactured products were 1.2% lower last month than a year earlier, while input prices were down a significant 11%. The figures largely reflect an unwinding of last year's big increases in energy and commodity prices but show that the debate over deflation is not yet over. More here. The FT-Acadametrics house price index slipped by 0.3% last month, consistent with recent evidence that prices may be stabilising.