Office for National Statistics data released on the 13th, the industrial producer price index (PPI) ring in December 2011 decreased 0.2%, the first drop since June 2010, indicating that UK inflation pressures easedWorld Steel Pipe .
The price index of industrial production reflect manufacturer product price changes World steel pipe network editing , is one of the important indicators to measure the level of inflation.
The data also show that the December 2011 industrial production price index rose year on year from 5.4 percent in the previous month declined to 4.8 percent, the lowest increase for nearly a year.