Press Release 24/06/2025
INDUSTRIAL PRICE INDEX. MAY 2025
Industrial prices in the Basque Country fell by 2.8% in May 2025 compared to the previous month
Compared to May 2024, industrial prices recorded a 2.0% decrease
Industrial prices in the Basque Country fell by 2.8% in May 2025 compared to the previous month, according to Eustat data. The year-on-year rate for May, which indicates the fluctuation in industrial prices over the last twelve months, recorded a fall of 2.0%.
A more detailed analysis reveals that in May 2025, the sectors that recorded the most pronounced decreases in their prices in respect of the previous month were: Textile, Garments, Leather & Footwear by 15.5% and Electricity, Gas & Steam by 14.3%. Conversely, the sectors which experienced a month-on-month increase in their prices were Extraction Industries, with a rise of 8.5% and Manufacture of pharmaceutical products, up 6.3%.
According to the classification of goods by economic destination, compared to April 2025, Energy prices decreased by 5.4% and those of Capital Goods fell by 4.5% and of Intermediate Goods by 0.9%. There was a 2.1% increase in prices of Consumer Goods, explained by the fall in prices of Consumer Durables, down 0.8%, and Consumer Non-Durables, down 2.4%.
In year-on-year terms, May 2025 compared to May 2024, the greatest price increases occurred within the branches of Manufacture of pharmaceutical products, up 8.1%; and Manufacture of Computer, Electronic & Optical Products, with a rise of 8.0%. In contrast, the prices within the branch of Textile, Garments, Leather & Footwear experienced a year-on-year decrease of 15.2%, and those of Coke Plants & Oil Refining experienced a 14.5% decrease.
Industrial Price Index of the Basque Country. Variation rate (p). May 2025
| | Index | % Variation |
| | | m / m-1 | m / m-12 |
| General index | 109,0 | -2,8 | -2,0 |
| | | | |
| SECTOR DIVISIONS | | | |
| Mining and quarrying | 146,0 | 8,5 | 7,0 |
| Manufacturing industry | 113,3 | -2,2 | -2,3 |
| Manufacture of food products, beverages and tobacco products | 123,5 | -2,4 | -0,8 |
| Textile industry, garments, leather & shoes | 94,1 | -15,5 | -15,2 |
| Manufacture of wood and paper products, and printing | 117,5 | -3,6 | -5,0 |
| Coke and refined petroleum | 108,3 | -0,9 | -14,5 |
| Chemical industry | 124,4 | -2,7 | -0,8 |
| Manufacture of pharmaceutical products | 116,9 | 6,3 | 8,1 |
| Rubber, plastic and other non-metallic mineral products | 117,3 | 0,2 | 0,2 |
| Metallurgy and metal products | 108,8 | -4,0 | -2,4 |
| Manufacture of computer, electronic and optical products | 118,7 | -5,5 | 8,0 |
| Manufacture of electrical equipment | 118,5 | 0,7 | 4,8 |
| fabricacion de maquinaria y equipo n.e.c | 112,3 | -3,2 | -0,2 |
| Manufacture of transport material | 114,2 | 0,4 | 1,3 |
| Furniture; other industries; repair and installation | 115,3 | -2,2 | -0,9 |
| Electricity, gas and steam | 60,2 | -14,3 | 4,2 |
| Water | 130,8 | 0,6 | 4,1 |
| | | | |
| BY MAJOR INDUSTRIAL SECTORS | | | |
| Consumer goods | 119,7 | -2,1 | -0,8 |
| Durable consumer goods | 114,2 | -0,8 | 0,8 |
| Nondurable consumer goods | 121,2 | -2,4 | -1,2 |
| Equipment goods | 110,5 | -4,5 | -1,8 |
| Intermediate goods | 115,1 | -0,9 | 0,2 |
| Energy | 87,6 | -5,4 | -8,9 |
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 June 24, 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 Intermediate Goods, where there was a 0.2% increase. In Capital Goods prices decreased by 1.8% compared to those of May 2024. In year-on-year terms, the prices of Consumer Goods fell by 0.8%, explained by the 0.8% increase in those of Consumer Durables and the 1.2% decrease in those of Consumer Non-Durables. Lastly, Energy prices registered a year-on-year decrease of 8.9%.
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 89.34% 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