UK August PPI output YoY rises 3.7%, above forecast; input MoM turns positive 0.3%

UK producer price index for August: output prices rose 3.7% year-over-year, above the 3.2% estimate and accelerating from 3.1% previously. Input prices increased 0.3% month-over-month, rebounding from a -1.7% decline in July, slightly below the 0.4% forecast.