Press Release: Industrial Price Index. 2021 Baseline. July 2026. Provisional data.

Main results

The annual variation of the Industrial Price Index increased by 2.2 points in July to 9.2%.
The monthly rate of industrial prices was 3.0%.

More information

Tables annex (includes information from the Autonomous Communities)
Detailed monthly results
Annual averages

The annual rate of the general Industrial Price Index (IPRI) was 9.2% in July, 2.2 points higher than in June.

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, which presented a variation of 20.8%, 6.5 points above that of June, due to the fact that prices in Electric power generation, transmission and distribution, increased more than they did in July of last year.

Also worth noting, although in the opposite direction, was the fall in the prices of Gas production; pipeline distribution of gaseous fuels through mains, which increased in the same month last year.

Meanwhile, standing out among the industrial sectors that had a negative influence on the evolution of the rate was:

Non-durable consumer goods, whose 0.5% variation, eight tenths below that of the previous month, was due to the fall in Manufacture of vegetable and animal oils and fats prices, which increased in the same month in 2025.

The annual variation rate of the general index excluding Energy decreased by one tenth, to 3.5%, which was nearly 5.7 points below 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 July, the monthly variation rate of the general IPRI was 3.0%.

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

Activities with the greatest positive impact on the monthly rate of the IPRI. July 2026

Activities with the greatest negative impact on the monthly rate of the IPRI. July 2026

Results by Autonomous Communities. Annual variation rates

The IPRI recorded positive annual variations in all the autonomous communities in July.

The highest rates were in Principado de Asturias (19.0%), Canarias (18.5%) and Andalucía (17.4%).

In contrast, Extremadura (3.2%), Cantabria (3.8%) and Comunidad Foral de Navarra (4.7%) had the lowest increases.

Annual variation rates of the IPRI by Autonomous Community. July 2026

Percentage

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Data revisions and updates

The INE has today updated the IPRI data for the last three months, making the April 2026 data final. All the results of this operation are available at INEBase.

In accordance with the Commission's Delegated Regulation (EU) 2023/137, the INE has begun to work on incorporating the new National Classification of Economic Activities CNAE-2025 in all its statistical operations.

In the case of the IPRI, the first publication of results with CNAE-2025 will take place in February 2028.

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.