Export Price Indices (IPRIX) and Import Price Indices (IPRIM) of Industrial Products

Índices de Precios de Exportación (IPRIX) y de Importación (IPRIM) de Productos Industriales
Provisional data
Annual evolution of export prices

The annual rate of the Export Price Index (IPRIX) in the month of August was 0.9%, one tenth below that registered in July.

By economic destination of the goods, among the industrial sectors that had a negative influence on the evolution of the annual rate of the IPRIX, the following stood out:

Non-durable consumer goods, with an annual rate of 3.2%, eight tenths below that of July, caused by the decrease in prices of the Manufacture of vegetable and animal oils and fats, which increased in the same month of 2023.
For its part, among the sectors with positive monthly impact, the following stood out:

Energy, which increased its variation by two tenths, to -4.7%, as a result of the increase in prices for the Production, transportation and distribution of electrical energy, greater than in August of the previous year.
It is worth highlighting, although in the opposite direction, the drop in the prices of Refined oil, which rose in the same month last year.

The annual variation of the general index without Energy decreased two tenths, to 1.2%, and was three tenths above that of the general IPRIX.

Evolution of industrial prices, adding 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, increased its annual rate by two tenths in August, to -0.5%. For its part, the annual variation of the general index without Energy decreased three tenths, to 0.8%.
**Annual evolution of import prices
The Import Price Index (IPRIM) registered an annual rate of 1.0% in August, one point lower than that of July.

By economic destination, all industrial sectors had a negative influence on the variation of the annual rate of the IPRIM. Among them stood out:

Energy, which reduced its rate by 6.5 points and placed it at 4.5%, due to the decrease in the prices of Coke plants and oil refining and the stability of the prices of the Extraction of crude oil and natural gas, compared to the increase in August of last year.
Non-durable consumer goods, with a rate of 0.1%, one tenth below that of July, as a result of the prices of clothing manufacturing falling, while they increased in the same month of 2023.
The annual variation rate of the general index without Energy decreased one tenth, to 0.2%, which placed it eight tenths below that of the general IPRIM.

Monthly evolution of import prices

In August the monthly variation of the Import Price Index was -0.1%.

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