UK wood-product factory-gate prices match 12-month high in May

UK wood-product factory-gate prices rose 0.2% from April and 2.5% from a year earlier, the Office for National Statistics reported. The May reading matched the highest level in 12 months and left the series above its 12-month average. Producer input prices for materials and fuels purchased by UK manufacturers rose by 8.7% in the year to May 2026, up from a revised rise of 7.9% in the year to April. The input-price rise pointed to broader cost pressure across manufacturing. Manufactured-products producer prices rose 0.5% from April and 4% from a year earlier, leaving wood products 1.5 percentage points behind the broader annual increase.