(RTTNews) - Friday, the Office for National Statistics said UK's output prices rose 0.4% in September from the previous year, reversing a fall of 0.3% in August. Consensus forecast was for a 0.1% fall.

Reflecting price rises in petroleum and other manufactured products, output prices climbed 0.5% month-on-month, larger than the 0.3% increase seen in August and 0.1% expected by economists. The input price index for materials and fuels purchased by manufacturing industry fell 6.5% annually in September, following a 7.7% drop in August. On a monthly basis, input prices slipped 0.5% in September. Economists were expecting an annual 6.8% fall and a monthly drop of 0.8%.