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UK factory gate inflation eased at the end of 2022, according to the Office for National Statistics on Wednesday.
UK producer input prices rose by 16.5% annually in December, slowing from the revised figure of an 18.0% annual rise in November.
On a monthly basis, input prices fell by 1.1% in December, compared to a revised monthly fall of 0.2% in November.
By Elizabeth Winter, Alliance News senior markets reporter
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