The Industrial Producer Price Index (IPPI) recorded a year-on-year change rate of -2.1% in January, 1.2 percentage points (p.p.) less negative than that observed in the previous month. This development was driven by price decreases in Energy, Intermediate Goods and Consumer Goods, with contributions of -1.5 p.p., -0.6 p.p. and -0.3 p.p., respectively.

The monthly rate of change stood at -0.1%, 1.2 p.p. higher than the recorded in January 2025.