29 October 2025

Export Price Index (IPRIX) and Import Price Index (IPRIM) of Industrial Products. Base 2021

September 2025. Provisional data

Main results

  • The annual rate of the IPRIX stood at -0.2% in September, the same recorded for the month of August.
  • The annual variation of the IPRIM was -1.7%, seven tenths higher than in the previous month.

Annual evolution of export prices

The annual rate of the Export Price Index (IPRIX) in September was -0.2%, the same recorded for the month of August.

Among the industrial sectors that had a negative influence on the evolution of the annual rate of the IPRIX by economic use of the goods, the following stand out:

  • Non-durable consumer goods, whose rate stands at -1.8%, three tenths below that of August, due to the fact that the prices of meat processing, preserving and preparation of meat products decreased more than in September 2024.
  • Consumer durables, whose change decreased by 1.3 points to 1.4%, as a result of the fall in the prices of the Manufacture of household appliances, which increased in the same month in the previous year.

On the other hand, among the industrial sectors which had a notably positive influence are:

  • Energy, which showed an annual change of -7.5%.
  • Capital goods, whose rate stood at 2.3%, the same as the previous month. This behaviour was mainly due to the drop in the prices of Manufacture of metal items for construction, which were lower than in September of last year. On the other hand, it should be noted that the increase in prices of the Manufacture of motor vehicles was lower than in the same month of 2024.

The annual variation of the general index excluding Energy fell by one tenth, to 0.0%, two tenths above that of the general IPRIX.

Annual evolution of the IPRIX

General index and general index without Energy. Percentage

Evolution of industrial prices, combining domestic and foreign markets

The Industrial Price Index of the domestic and foreign market, which is obtained as an aggregation of the IPRI and the IPRIX, rose in terms of its annual rate by 1.4 points in September to 0.2%. As for the annual variation of the general index without Energy, it was steady at -0.1%.

Annual evolution of the IPRI+IPRIX

General index and general index without Energy. Percentage

Monthly evolution of export prices

In September, industrial export prices recorded a monthly rate of -0.4%, as compared with the month of August.

A more detailed analysis shows the activities that most affected the monthly rate of the IPRIX in September.

Activities with the greatest positive impact on the monthly rate of the IPRIX. September 2025
Activities with the greatest negative contribution to the monthly rate of the IPRIX. September 2025

Annual evolution of import prices

The Import Price Index (IPRIM) recorded an annual rate of -1.7% in September, seven tenths higher than in August.

By economic use, the industrial sectors with a positive influence on the variation of the annual rate of the IPRIM included the following:

  • Energy, which had an annual variation of -8.6%, 2.4 above that of previous month, resulting from the increased prices in Extraction of crude petroleum and natural gas and Coke plants and oil refining, fell less than in the same month in 2024.
  • The rate of Intermediate goods rose by five tenths to -0.3%, due to the decrease in prices of the Chemical Industry and Metallurgy; manufacturing of iron, steel and ferroalloy products, which were lower than in September of last year.

The annual variation rate of the overall index excluding Energy increased by two tenths, to -0.2%, which is 1.5 points above the rate of the general IPRIM.

Annual evolution of the IPRIM

General index and general index without Energy. Percentage

Monthly evolution of import prices

In September, the monthly variation of the Import Price Index was -0.3%.

A more detailed analysis shows the activities that most affected the monthly rate of the IPRIM in September.

Activities with the greatest positive impact on the monthly rate of the IPRIM. September 2025
Activities with the greatest negative impact on the monthly rate of the IPRIM. September 2025

Data revisions and updates

The INE has updated the IPRIX and IPRIM data for the last three months, making the June 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 IPRIX and IPRIM, the first publication of results with CNAE-2025 will take place in February 2028.

Methodological note

The Export Price Index (IPRIX) is a short-term indicator that measures the monthly evolution of the prices of industrial products manufactured in the domestic market and sold in the foreign market.

On the other hand, the Import Price Index (IPRIM) is a short-term indicator that measures the monthly evolution of the prices of industrial products from the rest of the world.

In order to obtain them, a continuous monthly survey is conducted, which every month investigates industrial establishments that carry out operations in the foreign market.

Type of survey:
monthly continuous survey.
Base year:
2021.
Reference period of the weightings:
the year preceding the current year.
Population scope:
industrial establishments.
Sample size:
4,100 industrial establishments for the IPRIX and 5,200 for the IPRIM.
Number of observations:
In the IPRIX approximately 15,000 monthly prices of 1,700 products and in the IPRIM about 19,000 prices of 2,100 products.
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 methodologies (IPRIX and IPRIM) 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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