Input producer price inflation in the United Kingdom slowed markedly in May 2026, suggesting easing cost pressures at the factory gate. Month-over-month input PPI rose just 0.2% in May, down sharply from a 2.4% increase recorded in April 2026.
The data, updated on 17 June 2026, show that the pace of cost increases for producers has moderated significantly. While April’s 2.4% month-over-month move pointed to a strong surge in input costs compared with March, May’s 0.2% reading indicates that those pressures have cooled when measured against April.
On a month-over-month comparison basis, the “actual” figure of 0.2% reflects the change in May relative to April, whereas the “previous” 2.4% captured April’s change versus March. The sharp deceleration may offer some relief to businesses sensitive to input costs and could, over time, filter through to consumer prices if the trend persists.
