The output price index for home sales of manufactured products rose 7.5% in the year to April, compared with the rise of 6.5% in the year to March. Unadjusted, the index rose 1.4% between March and April, mainly reflecting rises in other manufactured product prices. If passed on in full, the changes in excise duty on tobacco and alcohol announced in the Budget would have increased the index by 0.3% in April. The output price index excluding excise duties rose 7.7% in the year to April. |