The year-on-year decline of the index in October was less pronounced by 0.9 percentage points compared to the previous month, noted INE.
This contraction was due to intermediate goods, consumer goods, and energy, reflecting price decreases of 4.4%, 3.1%, and 3%, respectively.
“In the first two groups, the decrease was significantly influenced by the price trends of olive oil and pulp, paper, and cardboard,” highlighted the entity.
Meanwhile, investment goods saw a price increase of 2.1% in October, following a rise of 1.9% the previous month.
In terms of monthly variation, industrial production prices increased by 0.3% in October, compared with a decrease of 0.7% in the same month of 2024.
This positive variation was attributed to the energy and investment goods groups, which contributed 0.3 and 0.1 percentage points to the total, respectively, due to growths of 1.7% and 0.5%.
