Press Release 22/12/2025
INDUSTRIAL PRICE INDEX, NOVEMBER 2025
Industrial prices in the Basque Country increased by 0.3% in November 2025 compared to the previous month
Compared to November 2024 industrial prices recorded a rise of 1.3%
Industrial prices in the Basque Country increased by 0.3% in November 2025 compared to the previous month, according to Eustat data. The year-on-year rate for November, which indicates the fluctuation in industrial prices over the last twelve months, recorded an increase of 1.3%.
A more detailed analysis reveals that in November 2025, the sectors that recorded the most pronounced increases in their prices in respect of the previous month were: Coke Plants and Oil Refining, up 5.6%, and Manufacture of electrical material and Equipment, with an increase of 1.2%. In contrast, the sectors that recorded the greatest month-on-month decreases in prices were: Water, down 2.2%, and Timber, Paper and Graphic Arts, with a drop of 2.0%.
According to the classification of goods by economic destination, compared to October 2025, Energy prices recorded an increase of 3.6%. Prices of Consumer Goods experienced a decrease of 0.9%, explained by the 1.2% fall in prices of Consumer Non-Durables, given that prices of Consumer Durables remained unchanged. As regards Capital Goods, prices were down 0.7% in month-on-month terms, while prices of Intermediate Goods recorded a 0.1% decrease.
In year-on-year terms, November 2025 on November 2024, the greatest price increases occurred within the branches of Manufacture of Computer, Electronic & Optical Products, up 12.6%, and Manufacture of pharmaceutical products, with an increase of 10.3%. In contrast, there were year-on-year price decreases in the branches of Chemical Industry, down 0.8%, and Rubber, Plastic and other Non-Metallic Mineral Products, with a drop of 0.7%.
Industrial Price Index of the Basque Country. Variation rate (p). November 2025
| |
Index |
% Variation |
| |
|
m / m-1 |
m / m-12 |
| General index |
112.9 |
0.3 |
1.3 |
| |
| SECTOR DIVISIONS |
|
|
|
| Mining and quarrying |
137.4 |
-0.5 |
4.1 |
| Manufacturing industry |
116.1 |
0.2 |
1.3 |
| Manufacture of food products, beverages and tobacco products |
127.3 |
-0.6 |
2.4 |
| Textile industry, garments, leather & shoes |
112.6 |
0.1 |
1.4 |
| Manufacture of wood and paper products, and printing |
123.1 |
-2.0 |
-0.1 |
| Coke and refined petroleum |
117.0 |
5.6 |
0.9 |
| Chemical industry |
127.2 |
1.0 |
-0.8 |
| Manufacture of pharmaceutical products |
119.2 |
0.0 |
10.3 |
| Rubber, plastic and other non-metallic mineral products |
116.0 |
0.0 |
-0.7 |
| Metallurgy and metal products |
110.7 |
-0.3 |
1.1 |
| Manufacture of computer, electronic and optical products |
125.1 |
0.6 |
12.6 |
| Manufacture of electrical equipment |
122.8 |
1.2 |
9.9 |
| fabricacion de maquinaria y equipo n.e.c |
114.1 |
-0.4 |
0.5 |
| Manufacture of transport material |
114.6 |
-0.9 |
-0.1 |
| Furniture; other industries; repair and installation |
116.7 |
-0.4 |
1.1 |
| Electricity, gas and steam |
77.2 |
0.7 |
1.0 |
| Water |
130.8 |
-2.2 |
4.1 |
| |
| BY MAJOR INDUSTRIAL SECTORS |
|
|
|
| Consumer goods |
123.9 |
-0.9 |
3.6 |
| Durable consumer goods |
114.3 |
0.0 |
0.6 |
| Nondurable consumer goods |
126.5 |
-1.2 |
4.4 |
| Equipment goods |
115.6 |
-0.7 |
1.5 |
| Intermediate goods |
114.6 |
-0.1 |
0.7 |
| Energy |
99.8 |
3.6 |
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 December 22, 2025
Source: Eustat Industrial prices index
Year-on-year price fluctuations for the large goods groups by economic destination were positive in all sectors. Prices of Consumer Goods rose by 3.6%, explained by the 4.4% increase in prices of Consumer Non Durables and the 0.6% rise in those of Consumer-durables. Prices increased in relation to November 2024 by 1.5% in Capital Goods and 0.7% in Intermediate Goods. Finally, Energy prices recorded a year-on-year increase 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 90.56 % 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