The slow and steady creeping up of furniture prices at the factory gate continued in July with another 10 basis point rise.

Office for National Statistics figures put the producer price index for furniture at 1.5 per cent in the year to July, up from 1.4 per cent in June and 1.2 per cent in May.

ppiScreenshotThe graphic, right, shows how the shape of factory gate furniture price inflation has been steadily inching up to the latest figure, an eight month high.

Total producer prices across all manufacturing sectors fell 1.6 per cent in the year to July, the same as in both June* and May.

Excluding the more volatile food, beverage, tobacco and petroleum products, core factory gate price inflation climbed 20 basis points to 0.3 per cent in the year to July.

* revised figure, the ONS originally recorded a 1.5 per cent fall in total producer prices in June