Loading page content
Data from U.K. Office for National Statistics. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom PPI Input MoM fell to -2.0% in June 2026
U.K. Office for National StatisticsMonthlyReleased July 2026
United Kingdom PPI Input MoM fell to -2.0% in June 2026, released July 2026, down 2.6% from May's 0.6% reading. The print came in cooler than the 0.2% consensus, a softer print than forecasters anticipated. PPI Input MoM has now declined for 4 consecutive months. Over the past 3 months, PPI Input MoM averaged 1.3%, vs 1.87% in the prior 3-month window. PPI Input MoM is now the lowest in 46 months.
Latest Release
-2
Actual
0.2
Consensus
0.6
Previous
Median Absolute Error
±0.22 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 0.48
Actual: -2
Error: +2.48
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/JPY | ▲ Direct | +0.63 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.40 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.40 | COMMODITIES | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.36 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
PPI Input MoM (United Kingdom) was reported at -2% in July 2026. This missed the market consensus of 0.2% by 2.2%. The reading fell from the previous value of 0.6%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.26%, ranging from -2% to 2.4% across 7 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.2%, down from the prior three at 0.5%. Volatility over the past year (σ 1.21%) is higher than the prior year (σ 0.52%).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with GBP/JPY (Bullish GBP). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.23%.
WHAT TO WATCH NEXT
The next release is scheduled for August 19, 2026. Same-country events in the next 14 days include CFTC GBP speculative net positions (Jul 31) and S&P Global Construction PMI (Aug 6).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
PPI Input MoM - UK
Loading chart data...
About PPI Input MoM — United Kingdom
DEFINITION
PPI Input MoM (Producer Price Index Input Month-over-Month) is a key economic indicator that measures the change in the average prices paid by domestic producers for their inputs on a monthly basis. This indicator provides valuable insights into the cost of production for businesses and can impact inflation and consumer prices. It is closely monitored by economists, investors, and policymakers as a gauge of overall economic health and potential future price trends.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual -2 %, consensus 0.2 %. Prior reading (May 2026): 0.2 %. Before that (Apr 2026): 2.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with GBP/JPY (Bullish GBP, r=0.63) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - UK Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:00 | UK | BoE Interest Rate Decision | 3.75 | 3.75 | 3.75 | 3.75 | High |
| 11:00 | UK | BoE MPC Vote Cut | 9 | 9 | 9 | 9.00 | Medium |
| 11:00 | UK | Interest Rate Decision | 3.75 | 3.75 | 3.75 | 3.75 | High |
| 11:00 | UK | BoE MPC Vote Hike | 39 | 29 | 29 | 34.00 | Medium |
| 11:00 | UK | BoE MPC Vote Unchanged | 69 | 79 | 79 | 74.00 | Medium |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | UK | Nationwide Housing Prices YoY | 1.8 | 2.2 | 1.9 | 2.07 | Medium |
| 06:00 | UK | Nationwide Housing Prices MoM | 0.1 | 0 | 0.1 | 0.28 | Medium |