Core Producer Price Output in the United Kingdom moved back into positive territory in January 2026, suggesting a modest pickup in underlying producer price pressures at the start of the year. The indicator rose 0.2% month-over-month in January, following a 0.2% decline recorded in December 2025.
The shift from -0.2% to 0.2% on a month-over-month basis highlights a turnaround in core factory-gate prices, which exclude volatile components and are closely watched as an indicator of underlying inflation trends in the production sector. The latest figures, updated on 18 February 2026, show that January’s increase contrasts with the previous month’s negative reading, when core PPI output had weakened compared with November 2025.
With the current “Actual” result reflecting the change from December 2025 to January 2026, and the “Previous” representing the movement from November to December 2025, the data point to a stabilisation in producer prices after a brief dip. Market participants and policymakers may view this rebound as a sign that disinflationary pressures at the production level moderated going into 2026, though the scale of the increase remains modest.
