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Press section / The Industrial Price Index (IPRI)

Latest data Monthly rate (%) Annual rate (%)
May 2018 1.1 Gráfica serie 2.9 Gráfica serie

Description

The Industrial Price Index (IPRI) measures the monthly development of the price of manufactured and sold products in the domestic market, during the first step of its commercialisation. The IPRI covers the sales prices coming out of the factory obtained by industrial establishments in the transactions which are carried out, excluding transport and commercialisation costs and VAT invoiced.

The index coverage extends to all industrial sectors, except construction. Therefore, extractive, manufacturing and production industries, distribution of electrical energy, water and gas are investigated.

In order to obtain this, an ongoing survey is conducted, each month covering approximately 28,000 prices for 1,500 products, in a sample of nearly 9,000 industrial establishments. The information collected consists of current prices on the 15th day of each month.

Base 2015: updating the basket and the weightings

The first data for the IPRI, base 2015, is published in reference to the month of January 2018. This base change has included updating the sample of the products included in the basket. It has included activity branches that have gained significance on national and regional levels, and excluded others whose weight has decreased.

Among the changes made in base 2015, it is worth mentioning the inclusion of gaseous fuel pipeline distribution. On the other hand, the manufacture of leather garments, the manufacture of glassware and the manufacture of musical instruments are no longer represented in the basket.

Base 2015 weightings

The IPRI weightings have been calculated in agreement with the importance of activity branches (according to the value of its turnover) and products (according to the production value).

By economic purpose Weightings (%)
Energy 31.16
Capital goods 12.83
Intermediate goods 27.64
Consumer goods 28.37
- Non-durable consumer goods 26.88
- Durable consumer goods 1.49