Spain producer price index rose in December

According to the report from Spanish Statistical Office (INE), the annual rate of the Industrial Price Index (IPRI) general in the month of January is 1.8%, one tenth above that registered in December. The monthly rate of industrial prices is 0.2%

By economic destination of the goods, among the industrial sectors with positive influence in this rise, it stands out:

Energia, which increases its annual variation seven tenths and situates it at 5.1%, as a result of the increase in the prices of the production, transportation and distribution of electrical energy, compared to the decrease recorded in January 2018.

Intermediate goods, whose rate decreases to 1.1% from 1.4%. The decline in the prices of the manufacture of basic chemicals, nitrogen compounds, fertilizers, plastics and synthetic rubber in primary forms, which in 2018 increased, stands out in this evolution.

Non-durable consumer goods, which presents an annual variation of -0.9%, two tenths lower than December. This behavior is mainly due to the fact that the prices of the Manufacture of beverages rise this month less than in January of the previous year.