The Industrial Production Price Index recorded a year-on-year change rate of -3.1% in May (-2.6% in April), mainly reflecting price reductions in Energy and Non-Durable Consumer Goods, the latter notably due to a decrease in olive oil production prices. Excluding the Energy grouping, industrial production prices fell by 2.2% (-2.1% in April).

The monthly rate of change was -0.1% (-0.3% in May 2024).