British output prices rose by 0.3 percent in April from March, with an annual rise of 2.2 percent.
"One company's cost is another company's output price."
The curve shows the relationship between the quantity demanded and the wage rate holding the marginal product of labor and the output price constant.
There he discussed that output prices also enter input prices in various sectors.
Here, of course, prices mean output prices and values mean input prices at the first stage.
Other services: Turnover, number of persons employed, output prices.
Producers' output prices - those they charge for their wares - dropped 0.2pc in December against the previous month.
More specifically, we consider a competitive firm, which takes its output price as given, which faces uncertainty about that price.
We assume (following the literature) that the firm knows the objective distribution of the output price, and the cost function it faces.
Input prices rose 8.7% on the year, almost twice the pace of output prices, but that was the slowest rise since October 2010.