The Industrial Products Price Index (IPPRI) (base 2015=100) increased by 1.3% in year-over-year terms in Catalonia in January 2018. For large industrial sectors, all increases: the intermediate goods (2.6%), the equipment goods (0.8%) and consumer goods (0.4%). On the other hand, by industrial divisions, the most significant increases in prices were registered in the metallurgy; manufacture of basic iron, steel and ferroalloy products (8.7%), in the manufacture of beverages (3.8%), and in the chemical industries (3.4%); while the only decrease was registered in the other manufacturing industries (−2.1%) and the printing and reproduction of recorded media (−1.7%). During the same period the industrial price index remains basically stable (−0,1%) when compared to the same month of the previous year.
The industrial price index is a trend indicator which measures the monthly evolution of the prices of products manufactured by industry in their initial stage of commercialization. Upon the basis of the data provided by the INE, Idescat performs a tabulation for large industrial sectors.
With the publication of the data for January 2018 based on 2015, Idescat complies with Council Regulation (EC) 1165/98 on short-term statistics, which establishes a change of basis every five years. The implementation of this new basis improves the representativeness of the indicator, with changes in the composition of the market basket and the updating of the weighting structure. The linked sets of the indexes based on 2015 have been published since January 2002.