22.04.202606:00:00UTC+00UK March Core PPI Output Turns Positive, Easing Deflationary Pressures

The United Kingdom’s core Producer Price Index (PPI) Output moved back into positive territory in March 2026, signaling an easing of deflationary pressures at the factory gate. Month-over-month, the core PPI Output rose by 0.2% in March, compared with a 0.8% decline in February 2026.

The data, updated on 22 April 2026, show a clear turnaround in producer price dynamics after the sharp negative reading in February. On a month-over-month basis, the latest figure reflects a modest but notable rebound, as the March increase is measured against the depressed price levels seen in the previous month.

While the move to 0.2% suggests only a mild recovery, the shift from -0.8% to positive territory may be interpreted as a sign that downward pressure on core output prices is beginning to ease, with potential implications for broader inflation trends in the UK in the coming months.