• <a fr-original-style="" href="https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/producerpriceinflation/december2022includingservicesoctobertodecember2022" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Producer price inflation in the UK</a> continued to slow in December, easing to its slowest pace in almost a year, the Office for National Statistics said on Wednesday. Producer input prices rose by 16.5% in the year to December, down from 18.0% in November and 20.2% in October. Meanwhile, output prices slowed to 14.7% year-on-year, down from 16.2% in the previous month.<img src="https://images.aposto.com/2023/0/3/1674676124806.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.47" width="550" alt="UK PPI" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">ONS<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">In other news: British income inequality <a fr-original-style="" href="https://www.reuters.com/markets/europe/uk-income-inequality-widens-after-pandemic-dip-2023-01-25/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">climbed to a three-year high</a> in the 2021-2022 financial year after a dip during the Covid-19 pandemic, according to the ONS. The median household income was £32,300 (€36,650) in the year to the end of March 2022, 0.6% less than the year before after adjusting for inflation.</li></ul>

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