British factory gate prices rise 0.2%

The Office for National Statistics said that the price of goods leaving British factories rose an unadjusted 0.2% on the month in December to stand 1.8% higher than a year earlier. Analysts had predicted a 0.1% monthly rise.

Input prices, a measure of manufacturers' raw material costs, fell 0.2% in December from November and were up 1.9% year-on-year.