"Figure 1: Input PPI is more volatile over time than output inflation","" "Input and output PPI, UK, October 2011 to October 2021","" "","" "Notes","" "Unit","Index 2015=100" "","" "","Input PPI","Output PPI" "Oct-2011","110.0","102.0" "Nov-2011","110.1","102.3" "Dec-2011","109.7","102.0" "Jan-2012"," 109.6","102.3" "Feb-2012","111.3","102.8" "Mar-2012","112.5","103.7" "Apr-2012","111.6","103.9" "May-2012","109.9","103.1" "Jun-2012","107.9","102.1" "Jul-2012"," 108.0","102.2" "Aug-2012","109.4","103.2" "Sep-2012","109.4","103.7" "Oct-2012","109.4","103.8" "Nov-2012","109.3","103.3" "Dec-2012","109.3","102.9" "Jan-2013"," 110.1","103.4" "Feb-2013","111.9","104.7" "Mar-2013","112.0","104.8" "Apr-2013","110.6","104.1" "May-2013","109.7","103.8" "Jun-2013","109.4","103.9" "Jul-2013"," 110.5","104.6" "Aug-2013","110.3","104.8" "Sep-2013","109.8","104.8" "Oct-2013","109.0","104.0" "Nov-2013","108.5","103.7" "Dec-2013","108.7","103.7" "Jan-2014"," 108.4","103.8" "Feb-2014","108.3","104.0" "Mar-2014","108.1","104.0" "Apr-2014","107.7","103.9" "May-2014","107.9","103.8" "Jun-2014","107.4","103.6" "Jul-2014"," 106.5","103.5" "Aug-2014","106.1","103.3" "Sep-2014","105.6","103.0" "Oct-2014","104.9","102.3" "Nov-2014","104.4","101.8" "Dec-2014","103.0","100.8" "Jan-2015"," 101.4","100.0" "Feb-2015","101.5","100.3" "Mar-2015","101.4","100.6" "Apr-2015","101.6","100.7" "May-2015","101.4","100.9" "Jun-2015","100.8","100.7" "Jul-2015"," 100.1","100.3" "Aug-2015","98.7","99.8" "Sep-2015","98.9","99.6" "Oct-2015","98.7","99.4" "Nov-2015","97.9","99.1" "Dec-2015","97.6","98.7" "Jan-2016"," 97.3","98.8" "Feb-2016","97.5","98.9" "Mar-2016","98.4","99.2" "Apr-2016","98.9","99.3" "May-2016","99.8","99.4" "Jun-2016","100.6","99.8" "Jul-2016","102.2","100.3" "Aug-2016","102.7","100.5" "Sep-2016","103.0","100.7" "Oct-2016","105.3","101.7" "Nov-2016","105.1","101.7" "Dec-2016","106.1","102.0" "Jan-2017"," 107.3","102.8" "Feb-2017","107.5","103.1" "Mar-2017","107.7","103.4" "Apr-2017","107.8","103.5" "May-2017","107.6","103.5" "Jun-2017","107.6","103.6" "Jul-2017"," 107.8","103.8" "Aug-2017","108.9","104.3" "Sep-2017","109.1","104.8" "Oct-2017","109.8","105.1" "Nov-2017","110.7","105.5" "Dec-2017","111.0","105.8" "Jan-2018"," 111.3","106.0" "Feb-2018","111.2","106.0" "Mar-2018","111.6","106.2" "Apr-2018","112.0","106.7" "May-2018","113.7","107.6" "Jun-2018","114.1","108.1" "Jul-2018"," 114.2","107.9" "Aug-2018","115.0","108.3" "Sep-2018","115.7","108.8" "Oct-2018","116.2","109.2" "Nov-2018","115.0","109.0" "Dec-2018","114.3","108.4" "Jan-2019"," 114.0","108.3" "Feb-2019","114.3","108.5" "Mar-2019","114.2","108.7" "Apr-2019","115.2","109.2" "May-2019","115.3","109.7" "Jun-2019","115.0","109.5" "Jul-2019"," 115.5","109.9" "Aug-2019","115.5","109.8" "Sep-2019","114.9","109.7" "Oct-2019","114.2","109.4" "Nov-2019","113.6","109.0" "Dec-2019","113.9","109.0" "Jan-2020"," 114.0","109.2" "Feb-2020","113.5","109.0" "Mar-2020","112.2","108.5" "Apr-2020","109.9","107.3" "May-2020","110.4","107.2" "Jun-2020","111.6","107.7" "Jul-2020"," 112.2","108.0" "Aug-2020","112.1","107.9" "Sep-2020","112.3","107.8" "Oct-2020","112.8","107.9" "Nov-2020","113.3","108.3" "Dec-2020","114.8","108.7" "Jan-2021"," 116.1","109.4" "Feb-2021","117.2","110.2" "Mar-2021","119.0","110.6" "Apr-2021","120.4","111.1" "May-2021","121.8","111.9" "Jun-2021","122.5","112.7" "Jul-2021"," 124.0","113.7" "Aug-2021","124.7","114.5" "Sep-2021","125.7","115.3" "Oct-2021","127.5","116.6"