Economic Buzz: UK producer prices unchanged in June

Prices of goods coming out of factories in the United Kingdom were unchanged in June compared to the month before, the country's Office for National Statistics (ONS) revealed in its report published on Wednesday. Year-over-year, the output producer prices rose 3.5%.

Meanwhile, the input producer inflation rate came in at 7.3% in the twelve months ending in June. On a monthly basis, the input producer prices were down 0.2%.

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