Press Release: Industrial Price Index. 2021 Baseline. January 2025. Provisional data.

Main Results

The annual variation of the Industrial Price Index increased by three tenths in January, up to 2.6%.
The monthly rate of industrial producer prices was 0.4%.

More information

Annex of tables (includes information from the Autonomous Communities)
Detailed monthly results
Annual averages

The annual rate of the general Industrial Price Index (IPRI) was 2.6% in January, three tenths higher than in December of the previous year.

By the economic use of the goods, among the industrial sectors that had a notably positive effect on the evolution of the annual rate of the General IPRI were:

Energy, at a rate of 8.6%, one point higher than the previous month, resulting from higher prices for Gas production; pipeline distribution of gaseous fuels, which decreased in January 2024, and higher prices in Manufacture of petroleum than in the same month of the previous year.

On the other hand, although conversely, it is worth noting the decline in the prices of Production, transmission and distribution of electric energy, which had risen in January 2024.

On the other hand, amongst the industrial sectors with a negative influence, worth noting are:

Non-durable consumer goods, whose annual variation decreased by 0.6 points and stood at -1.5% due to falling prices in Manufacture of vegetable and animal oils and fats, compared with the increase in the previous January.

The annual variation rate of the general index excluding Energy remained stable at -0.2% and was 2.8 points lower than that of the general IPRI.

Annual evolution of the IPRI

General index and general index without Energy. Percentage

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Monthly evolution of industrial prices

In January, the monthly variation rate of the general IPRI was 0.4%.

A more detailed analysis shows the activities that most affected the monthly IPRI rate in January.

Activities with the greatest positive impact on the monthly rate of the IPRI. January 2025

Activities with the greatest negative impact on the monthly rate of the IPRI. January 2025

Results by Autonomous Communities. Annual variation rates

In January, the IPRI registered positive annual variations in all communities, except in Andalucía (-3.1%).

The highest rates were in Canarias (15.3%), Illes Baleares (13.9%) and Principado de Asturias (12.8%).

Annual variation rates of the IPRI by Autonomous Community. January 2025

Percentage

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Data revisions and updates

The INE has today updated the IPRI data for the last three months, making the data for the month of October 2024 definitive. All the results of this operation are available at INEBase.

Methodological note

The Industrial Price Index (IPRI) is a short-term indicator that measures the monthly evolution of the prices of industrial products manufactured and sold in the domestic market, in the first step of their commercialization, that is, the sales prices at the exit of factory, excluding transportation and marketing costs and VAT invoiced.

Type of survey:: continuous monthly survey.
Base year:: 2021.
Reference period of the weightings:: the year preceding the current year.
Population scope:: industrial establishments.
Sample size:: 9,200 industrial establishments and 1,400 items
Number of observations:: approximately 29,000 monthly prices.
General calculation method:: Laspeyres’ Chain Index.
Collection method:: internet (IRIA system), e-mail, fax, telephone or postal mail.

For more information, you can access the methodology and the standardised methodological report.

INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information on Quality at INE and the Code of Best Practices.