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Industrial Price Index (PPI) 2011

The National Statistics Institute has just published today, April 25 Industrial Price Indices (PPI) of March 2011.
The rate of change in PPI for the month of March is 7.8%, two more than in February (7.6%).


- The monthly change in the overall rate is 0.9%.
- All regions recorded positive annual rates.
- The autonomous region that has the highest annual rate of Andalusia, with 12.3%.
- The community of Andalusia, has the same index in February. No change.

monthly variation IPRI

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General Industrial Price Index by Regions (March 2011) click
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Evolution Industrial Price Indices by Sector :

By sector, industrial sectors that are most positive impact on the overall index are:

· Energy, which puts its annual variation in 18.8%, three tenths above that recorded in February. This is its highest rate since September 2008. This increase is due to the increase in the price of Oil Refining, which was greater than that experienced in March last year.

· Real intermediate, whose tenth annual variation increases, reaching 8.0%, its highest rate since September 2006.

That is and used the indicator: Industrial Price Index (PPI):

The PPI is a current indicator aimed at measuring changes in producer prices in the first step in the marketing of products, which implies that prices are

• sales of products leaving the factory, ie, do not include transport costs or marketing.
• also excluded from the price of goods, the VAT charged to the customer. Consider
• industrial products exclusively domestic production and sales in the domestic market. Therefore, it excludes the price of those goods dedicated for export, whether imported or intended for intermediate consumption or capital formation.

The index serves as a basis for study and research of the best pricing regarding the redistribution of sales, it is also used as a deflator in economic studies of the industrial sector, is also used in the review of procurement prices.

Note: All data in the detailed report: http://www.ine.es/daco/daco42/daco423/ipri0311.pdf