Press Release: Export Price Index (IPRIX) and Import Price Index (IPRIM) of Industrial Products. Base 2021. July 2025. Provisional data.

Main results

The annual rate of the IPRIX stood at 0.1% in July, five tenths lower than that registered in June.
The annual variation of the IPRIM was -2.4%, two tenths lower than in the previous month.

More information

Annual evolution of export prices

The annual rate of the Export Price Index (IPRIX) in July was 0.1%, five tenths below that recorded in June.

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:

Energy, with an annual rate of 2.2%, 6.4 points lower than in the previous month, which was caused by the increases in the prices of Production, transport and distribution of electrical energy and, to a lesser extent, Oil refining, which was lower than in July 2024.
Non-durable consumer goods, whose annual variation decreased by five tenths to -1.9%, due to the fall in the prices of the Processing and preservation of meat and preparation of meat products, which rose in the same month of the previous year.

The annual variation of the general index excluding Energy decreased by two tenths to -0.3%, standing four tenths below that of the general IPRIX.

Annual evolution of the IPRIX

General index and general index without Energy. Percentage

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            "-0.5",
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            "-0.4",
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            "0.9",
            "0.8",
            "-0.5",
            "0.1",
            "2.0",
            "2.0",
            "2.5",
            "3.7",
            "2.5",
            "1.2",
            "0.6",
            "0.6",
            "0.1"
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            "0.1",
            "-0.1",
            "-0.3",
            "0.4",
            "0.8",
            "0.8",
            "1.3",
            "1.0",
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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, fell in terms of its annual rate by seven tenths in July to 0.2%. As for the annual variation of the general index without Energy, it increased by one tenth to -0.4%.

Annual evolution of the IPRI+IPRIX

General index and general index without Energy. Percentage

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        "Sep-24",
        "Oct-24",
        "Nov-24",
        "Dec-24",
        "Jan-25",
        "Feb-25",
        "Mar-25",
        "Apr-25",
        "May-25",
        "Jun-25",
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            "-2.8",
            "-6.2",
            "-6.3",
            "-5.1",
            "-3.2",
            "-2.1",
            "-0.7",
            "-0.6",
            "-3.6",
            "-2.5",
            "1.4",
            "2.2",
            "2.5",
            "5.8",
            "4.0",
            "1.5",
            "0.2",
            "0.9",
            "0.2"
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            "0.2",
            "0.0",
            "-0.1",
            "0.2",
            "0.5",
            "0.8",
            "1.1",
            "0.8",
            "0.5",
            "0.6",
            "0.5",
            "0.3",
            "0.3",
            "0.5",
            "0.3",
            "0.1",
            "-0.2",
            "-0.5",
            "-0.4"
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Monthly evolution of export prices

In July, industrial export prices recorded a monthly rate of -0.1%, as compared to the month of June.

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

Activities with the greatest positive contribution to the monthly rate of the IPRIX. July 2025

Activities with the greatest negative contribution to the monthly rate of the IPRIX. July 2025

Annual evolution of import prices

The Import Price Index (IPRIM) recorded an annual rate of -2.4% in July, two tenths lower than in June.

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

Energy, whose variation fell by five tenths to -9.7%, due to the fact that the prices of Coke ovens and petroleum refining and, to a lesser extent, the Electricity, gas, steam and air conditioning supply rose, rose less than in July of last year.
Durable consumer goods, with an annual rate of -1.0%, three tenths below that of June, due to the increase in the prices of the Food industry, less than in July 2024.

The annual variation rate of the general index excluding Energy decreased by two tenths to -0.7%, a figure 1.7 points above the rate of the overall IPRIM.

Annual evolution of the IPRIM

General index and general index without Energy. Percentage

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        "Dec-24",
        "Jan-25",
        "Feb-25",
        "Mar-25",
        "Apr-25",
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            "-6.3",
            "-4.2",
            "-2.5",
            "-0.7",
            "0.7",
            "1.9",
            "2.0",
            "1.0",
            "-1.0",
            "-0.1",
            "0.8",
            "2.3",
            "3.5",
            "3.8",
            "2.0",
            "-1.1",
            "-1.8",
            "-2.2",
            "-2.4"
        ],
        [
            "-2.2",
            "-2.0",
            "-1.8",
            "-0.9",
            "-0.4",
            "-0.1",
            "0.3",
            "0.2",
            "-0.2",
            "0.2",
            "0.9",
            "1.6",
            "2.0",
            "1.8",
            "1.3",
            "0.3",
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Monthly evolution of import prices

In July, the monthly variation of the Import Price Index was -0.2%.

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

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

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

Data revisions and updates

The INE has updated the IPRIX and IPRIM data for the last three months, making the April 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.