Press Release 23/04/2025
INDUSTRIAL PRICE INDEX. MARCH 2025
Industrial prices in the Basque Country fell by 0.7% in March 2025 compared to the previous month
Compared to March 2024, industrial prices recorded a 1.7% increase
Industrial prices in the Basque Country fell by 1.0% in March 2025 compared to the previous month, according to Eustat data. The year-on-year rate for March, which indicates the fluctuation in industrial prices over the last twelve months, recorded a 1.7% rise.
A more detailed analysis reveals that in March 2025, the sectors that recorded the most pronounced decreases in their prices compared to the previous month were: Chemical industry, down 6.0% and Electricity, Gas and Steam, with a drop of 4.7%. In contrast, the sectors that recorded the highest month-on-month increases in prices were: Manufacture of Computer, Electronic & Optical Products, with a rise of 9.6%; and Chemical Industry, up 0.9%.
According to the classification of goods by economic destination, compared to February 2025, Energy prices fell by 5.3% and those of Consumer Goods were down 0.4%, explained by the 0.1% increase in prices of Consumer Durables, and the 0.5% decrease in prices of Consumer Non-durables. Prices of Capital Goods increased by 0.8%, while in Intermediate Goods they remained constant.
In year-on-year terms, March 2025 on March 2024, the greatest price increases occurred within the branches of Electricity, Gas & Steam, up 28.8%; and Manufacture of Computer, Electronic & Optical Products, with a rise of 11.4%. In contrast, prices in the branch of Coke Plants & Oil Refining experienced a year-on-year decrease of 13.6%.
Industrial Price Index of the Basque Country. Variation rate (p). March 2025
| | Index | % Variation |
| | | m / m-1 | m / m-12 |
| General index | 114,2 | -0,7 | 1,7 |
| | | | |
| SECTOR DIVISIONS | | | |
| Mining and quarrying | 135,2 | -0,7 | 0,4 |
| Manufacturing industry | 116,8 | -0,5 | 0,3 |
| Manufacture of food products, beverages and tobacco products | 126,8 | 0,2 | 2,1 |
| Textile industry, garments, leather & shoes | 110,2 | -1,1 | 2,8 |
| Manufacture of wood and paper products, and printing | 123,0 | -1,1 | 1,8 |
| Coke and refined petroleum | 115,5 | -6,0 | -13,6 |
| Chemical industry | 131,6 | 0,9 | 5,6 |
| Manufacture of pharmaceutical products | 109,9 | 0,0 | 1,7 |
| Rubber, plastic and other non-metallic mineral products | 117,2 | 0,0 | 0,1 |
| Metallurgy and metal products | 113,3 | 0,0 | 2,0 |
| Manufacture of computer, electronic and optical products | 123,4 | 9,6 | 11,4 |
| Manufacture of electrical equipment | 116,9 | 0,0 | 3,2 |
| fabricacion de maquinaria y equipo n.e.c | 113,6 | -0,8 | 0,7 |
| Manufacture of transport material | 116,2 | 0,8 | 3,2 |
| Furniture; other industries; repair and installation | 118,0 | 0,6 | 2,8 |
| Electricity, gas and steam | 84,5 | -4,7 | 28,8 |
| Water | 127,9 | 0,6 | 4,2 |
| | | | |
| BY MAJOR INDUSTRIAL SECTORS | | | |
| Consumer goods | 122,0 | -0,4 | 2,1 |
| Durable consumer goods | 115,7 | 0,1 | 3,3 |
| Nondurable consumer goods | 123,7 | -0,5 | 1,8 |
| Equipment goods | 116,0 | 0,8 | 3,1 |
| Intermediate goods | 116,6 | 0,0 | 1,8 |
| Energy | 102,1 | -5,3 | -1,1 |
Base 2021=100
(p)Provisional data
m / m-1: Variation rate of the last observed month (m) compared to the previous month (m-1)
m / m-12: Year-on-year variation rate of the last observed month (m) compared to the same month of the previous year (m-12)
Date April 23, 2025
Source: Eustat Industrial prices index
The fluctuation in year-on-year terms of prices in all the large goods groups by economic destination was positive in Capital Goods, where there was a 3.1% increase, and Intermediate Goods, with a rise of 1.8%. Prices of Consumer Goods rose by 2.1%, explained by the 3.3% increase in prices of Consumer Durables and the 1.8% rise in those of Consumer Non-Durables. Lastly, Energy prices registered a year-on-year decrease of 1.1%.
NOTE
Eustat would like to thank all the establishments that have collaborated in this effort. As a result, the index for this month was calculated with 86.99% coverage of the sample.
For further information:
Eustat - Euskal Estatistika Erakundea/Basque Statistics Institute
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: servicioprensa@eustat.eus Tel.: 945 01 75 62