Producer prices in Britain are better than expected - June

Released by the British economy at 08:30 GMT, the producer price annual input for the month of June the index rising by 1.8% on a monthly basis, better than expectations, which pointed to a rise of 0.9% from, and amended the previous reading to rise by 2.2% from a rise of 2.6% .

  PPI output for the same month was up by 0.2% and the index was released, compared with expectations that pointed to a rise of 0.1%, and revised previous reading to rise by 0.2% from a rise of 0.1%.

This is a positive statement to the British economy.