The index represents the alteration of the industrial sale prices level of goods. It is one of the inflation indicators. It represents the inflationary pressures from manufacturers on the economy. The manufacturers’ prices increase may not have an im-pact on the consumer price index due to the possible trade sector expenses fall.
Effect of market
It has a moderate influence on the British Pound dy-namics. In general, the index growth is a positive sign for the Pound.