Friday, March 05, 2010
Price pressures easing
Posted by David Smith at 10:15 AM
Category: Thoughts and responses

The news on "pipeline" inflationary pressures has improved a little, with input price inflation dropping from 7.7% in January to 6.9% in February and output price rising by a modest 0.3% on the month. Sterling's latest fall will put some upward pressure on input prices, though for the moment the pound is holding in at just above $1.50 and between 1.10 and 1.11 against the euro. More on the producer prices here.