24 September 2025

Industrial Price Index. 2021 Baseline

August 2025. Provisional data

Main results

  • The annual variation of the Industrial Price Index decreased 1.9 points in August, to -1.5%.
  • The monthly rate of industrial prices was -0.4%.

The annual rate of the general Industrial Price Index (IPRI) was -1.5% in August, 1.9 points lower than in July

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

  • Energy, with a rate of -4.5%, 6.4 point lower than in the previous month. This behaviour was due to the decline in prices for Electric power generation, transmission and distribution, which rose in August 2024, and, to a lesser extent, to the fact that prices for Gas production; distribution of gaseous fuels by pipeline increased by less compared to the same month last year.

It is noteworthy, although in the opposite direction, that the decrease in Oil refining prices was lower than in August of the previous year.

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

  • Non-durable consumer goods, whose annual variation increased by four tenths to -1.1%, as a result of the increase in prices for the Manufacture of vegetable and animal oils and fats, compared to the decrease in the same month of 2024.

The annual variation rate of the general index excluding Energy increased by two tenths, to -0.3%, standing nearly 1.2 points above that of the general IPRI.

Annual evolution of the IPRI

General index and general index without Energy. Percentage

Monthly evolution of industrial prices

In August, the monthly variation rate of the overall IPRI was -0.4%.

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

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

Results by Autonomous Communities. Annual variation rates

In August, the IPRI recorded negative annual variations in 10 regions, positive variations in four, and remained stable in the remaining three./p>

The lowest rates were in Andalucía (-7.1%), Principado de Asturias (-3.9%) and Canarias (-3.4%).

La Rioja (1.3%), Cantabria (1.0%) and Comunidad Foral de Navarra (0.5%) had the highest rates.

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

Percentage

Data revisions and updates

The INE has today updated the IPRI data for the last three months, making the May 2025 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.

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