The Industrial Production Price Index recorded, in July, a year-on-year change of -3.7% (-3.0% in the previous month), reflecting price decreases in Intermediate Goods, Non-Durable Consumer Goods and Energy, with contributions of -1.4 percentage points (p.p.), -1.3 p.p., and -1.3 p.p., respectively. Excluding the Energy grouping, industrial production prices fell by 2.9% (rate of change of -2.5% in June).

The monthly change stood at 0.1%, 0.7 p.p. lower than the rate recorded in July 2024.