Industry, Istat data. Production prices in January: +4.4% on year

John

By John

In January 2025, the prices for industry production increases by 1.6% on a monthly basis and 4.4% on an annual basis (it was +1.1% in December). Istat detects it. On the internal market the prices grow by 2.0% compared to December 2024 and 6.0% on an annual basis (from +1.3% of the previous month). Net of the energy sector, prices record a modest economic increase (+0.2%) and a much more contained tendential growth (+0.8%; it was+0.5%in December). On the foreign market prices increase by 0.4% on a monthly basis ( +0.4% Euro area, +0.3% non -euro area) and 1.0% on an annual basis ( +0.9% euro area, +1.1% non -euro area).
In the quarter of November 2024-January 2025, compared to the previous one, prices for industry production grow by 2.5% ( +3.4% internal market, +0.4% foreign market).

In January 2025, among manufacturing activities, the highest tendential increases concern basic pharmaceutical products and pharmaceutical preparations (+2.5%) and other manufacturing industries, repair and installation of machines and equipment (+2.2%), on the internal market, and coke and refined oil products (+6.7% euro area,+5.6% non -euro area) and wood industry, and printing (+7.0% euro area), on the foreign market. Tendential Cali are detected for a limited number of sectors, the largest for rubber items and plastics, other products of the processing of non-metalliferous minerals (-1.5% euro area) and basic pharmaceutical products and pharmaceutical preparations (-1.5% non-euro area). On the internal market, the growth on the annual basis of the prices of the supply of electricity and gas is in strong acceleration ( +18.1%, from +3.6% of December 2024). January 2025, prices for the production of construction for residential and non -residential buildings grow by 0.3% on a monthly basis and are stationary on an annual basis (it was -0.2% the previous month); those of roads and railways increase by 0.6% in conjunctural terms and 0.1% in tendential terms (from -0.5% in December 2024).

“In January, – comments Istat – the situation in the economic increase and the acceleration of the tendential growth in prices for industry production are mainly explained by the strong rise in the prices of the energy component (in particular of the supply of electricity and gas) on the internal market; net of this component, the prices are almost stationary on a monthly basis and show a growth on a much more contained annual basis. Tending growth of the prices of consumer goods (+1.8%, from+1.5%in December) and capital goods (+0.6%, from+0.4%of December), and the prices of the intermediate goods – in flexion from May 2023 – return to grow on an annual basis, as far as they are modest (+0.1%). Stationers for buildings, in modest increase in roads ».