The Industrial Production Price Index recorded a year-on-year change rate of -2.7% in April (-1.3% in March), mainly reflecting the decrease in prices of Non-Durable Consumer Goods, driven by the steep decline in olive oil production prices.

Excluding the Energy grouping, industrial production prices fell by 2.1%, a more intense decrease by 0.8 percentage points compared to the previous month.

The monthly rate of change stood at -1.4% (-0.1% in April 2024).