The Industrial Products Price Index decreased by 0.9% –on a year-over-year basis– in Catalonia in August 2016. For large industrial sectors, equipment goods increased by 0.6% and consumer goods remained stable (0.1%); while intermediate goods decreased by 2.7%. On the other hand, by industrial divisions, the most significant decreases in prices were registered in the chemical industries (−5.4%) and in the manufacturing diversity industries (−3.1%); inwhile the highest decreases manufacture of other transport equipment (3.0%) and repair and installation of machinery and equipment (1.9%). During the same period the industrial price index fell by 4.2% when compared to the same month of the previous year, as a result of the drop of energy prices (−15.3%).
The Industrial Price Index is a short-term indicator that measures the monthly evolution in the prices of products manufactured by industry during their first phase of commercialisation. Based on data from INE, Idescat makes a tabulation by major industrial sectors.