4 June 2014
Export and Import Price Indices of
Industrial Products. Base 2010
April 2014. Provisional data
The annual variation rate of the IPRIX stands at –2.8%, nine tenths
above that registered in March
The annual rate of the IPRIM is –2.4%, one point and a half over that
registered in the previous month
Annual evolution of export prices
The annual rate of the Export Price Index (IPRIX) for the month of April was –2.8%, nine
tenths above that registered in March.
Annual evolution of the IPRIX
General Index
3.0
2.0
1.0
0.5
0.4
0.0
-1.0
-0.6
-2.0
-1.5
-2.1
-3.0
-2.5 -2.4 -2.6 -2.7
-4.0
-2.7
-3.0 -2.9
-2.8
-3.5
-3.7
April
March
2014 January
December
November
October
September
August
July
June
May
April
March
February
2013 January
-5.0
February
-4.4
IPRIX-IPRIM - APRIL 2014 (1/13)
By economic destination of the goods, the industrial sectors with the highest effect in the
increase registered in the annual rate of the IPRIX were:
 Energy, which registered an annual variation of –15.1%, almost 8 points above that
registered in March. This behaviour was mainly due to the lower increase in the prices of
Electric power generation, transmission and distribution registered this month, as compared
with the greater increase registered in April 2013. It was also due to the increase in the
prices of Manufacture of refined petroleum products, as compared with the decrease
registered the previous year.
 Intermediate goods, which increased seven tenths, reaching –2.7%. Worth noting in this
behaviour the increase in the prices of Manufacture of basic precious and other non-ferrous
metals and Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and
synthetic rubber in primary forms, as compared with the decreases registered in the previous
year.
 Non-durable consumer goods, which presented a rate of –1.7%, five tenths over that
registered in the previous month. This variation was mainly due to the increase in the prices
of Processing and preserving of meat and production of meat products and in those of
Manufacture of basic pharmaceutical products, as compared with the decrease registered in
the same month of 2013.
Contribution of the industrial sectors to the annual rate of the IPRIX
Durable consumer goods
0.019
Non-durable consumer goods
Capital goods
0.099
-0.013
Intermediate goods
0.301
Energy
DIFFERENCE OF THE ANNUAL RATE OF THE GENERAL IPRIX
0.502
0.9
IPRIX-IPRIM – APRIL 2014 (2/13)
Monthly evolution of export prices
In April 2014, the Export Price Index registered a 0.0% monthly variation, as compared with
the previous month.
Monthly evolution of the IPRIX
General index
0.4
0.2
0.2
0.0
0.0
0.0
0.0
April
0.0
March
0.1
0.0
-0.2
-0.4
-0.4
-0.2
-0.3 -0.3
-0.3
-0.6
-0.7
-0.8
-0.8 -0.8
-0.9
February
2014 January
December
November
October
September
August
July
June
May
April
March
February
2013 January
-1.0
By economic destination of the goods, among the industrial sectors registering a positive
effect on the monthly general index, it is worth highlighting:
 Non-durable consumer goods, whose variation rate was 0.4%. This behaviour was
mainly due to the increase in the prices of Processing and preserving of meat and production
of meat products. Its contribution to the general index was 0.069.
 Intermediate Goods, whose monthly variation rate was 0.1% and its contribution to the
IPRIX 0.027.
In turn, among the industrial sectors with a negative effect on the monthly general index,
worth noting:
 Capital goods, whose monthly rate stood at –0.1%. Worth noting in this behaviour the
decrease in the prices of Manufacture of motor vehicles. Its effect on the IPRIX was –0.031.
 Energy, which registered a rate of –0.5%. This behaviour is mainly due to the decrease in
the prices of Electric power generation, transmission and distribution. Its contribution to the
general index was –0.024.
IPRIX-IPRIM – APRIL 2014 (3/13)
A more detailed analysis showed the activities that most affected the monthly rate of the
IPRIX in the month of April.
Activities with the greatest positive contribution to the monthly rate of the
IPRIX
Activity (CNAE-09)
Processing and preserving of meat and production of
meat products
Manufacture of basic chemicals, fertilisers and nitrogen
compounds, plastics and synthetic rubber in primary
forms
Manufacture of basic precious and other non-ferrous
metals
Manufacture of refined petroleum products
Monthly
variation (%)
Contribution
2.4
0.049
0.3
0.023
0.7
0.5
0.022
0.020
Activities with the greatest negative contribution to the monthly rate of the
IPRIX
Activity (CNAE-09)
Electric power generation, transmission and distribution
Manufacture of basic metals: Manufacture of basic iron
and steel and of ferro-alloys
Manufacture of motor vehicles
Manufacture of basic metals: Manufacture of basic iron
and steel and of ferro-alloys
Monthly
variation (%)
–4.1
Contribution
–0.044
–0.7
–0.2
–0.030
–0.028
–1.0
–0.018
IPRIX-IPRIM – APRIL 2014 (4/13)
Annual evolution of industrial prices of domestic and international markets in
aggregate
In April, the Industrial Price Index of the domestic and international markets, obtained from
the addition of IPRI and IPRIX, registered an annual rate of –0.7%, over one point above that
registered in the previous month.
Annual evolution of the IPRI+IPRIX, IPRIX and IPRI
General index
4.0
3.0
2.7
2.1
2.2
2.0
1.7
1.0
0.5
1.3
1.2
0.3
0.3
0.7
0.4
-0.1
-0.1
0.0
-0.5
-0.1
-0.6
-0.6
-0.7
-0.8
-0.3
-0.9
-1.3
-1.1
-1.5
-2.0
0.1
-0.2
-0.6
-0.2
-1.0
0.6
0.1
-1.9
-1.9
-2.9
-2.1
-2.8
-2.3
-2.4
-2.5
-3.0
-2.6
-2.7
-3.0
-2.9
-0.7
-2.7
-3.5
-4.0
-3.3
-3.7
-4.4
April
March
February
December
November
2014 January
IPRI
October
August
July
IPRIX
September
IPRI+IPRIX
June
May
April
March
February
2013 January
-5.0
IPRIX-IPRIM – APRIL 2014 (5/13)
Annual evolution of import prices
The Import Price Index (IPRIM) registered an annual rate of –2.4% in April, one point and a
half over that registered in March.
3.0
Annual evolution of the IPRIM
General index
2.0
1.0
0.0
0.0
-1.0
-0.2
-2.0
-1.7
-1.9
-2.2
-3.0
-3.1 -3.0
-4.0
-3.3
-3.0
-3.3
-2.9
-2.4
-2.5 -2.5
-3.0
-3.9
April
March
February
2014 January
December
November
October
September
August
July
June
May
April
March
February
2013 January
-5.0
By economic destination of the goods, among the industrial sectors that contributed the most
to the increase in the annual rate of the IPRIM, worth noting Energy (–4.2%), which
increased its rate more than four points, mainly due to the decrease in the prices of
Extraction of crude petroleum and natural gas, which was lower than that registered in April
2013.
It is also worth noting the increases registered in Intermediate goods (–2.8%), whose rate
increased by eight tenths, in Non-durable consumer goods (–0.8%), whose rate did so by
four tenths, and in Capital goods (–1.4%), which registered an increase of two tenths.
IPRIX-IPRIM – APRIL 2014 (6/13)
Contribution of the industrial sectors to the annual rate of the IPRIM
Durable consumer goods -0.006
Non-durable consumer goods
Capital goods
Intermediate goods
0.082
0.053
0.203
Energy
DIFFERENCE IN THE ANNUAL RATE OF THE GENERAL IPRIM
1.158
1.5
A more detailed analysis showed the sectors that registered the greatest increase in their
annual rates. Worth noting:
 Extraction of crude petroleum and natural gas, whose rate increased five points,
reaching –4.4%. This increase was mainly due to the lower decrease in the prices of this
activity this month, as compared with the decrease registered in the same month of the
previous year.
 Manufacture of coke and refined petroleum products, which registered a variation of
–2.8%, more than three points over that registered in March, due to the fact that the
decrease in the prices this month was lower than that registered in April 2013.
 Manufacture of wearing apparel, which registered a variation of –1.2%, almost two points
over that registered in the previous month.
 Manufacture of basic metals: Manufacture of basic iron and steel and of ferro-alloys,
whose rate registered an increase of almost two points, reaching –5.3%.
In turn, among the sectors that registered a decrease in their annual rates, worth noting:
 Manufacture of computer, electronic and optical products, with an annual variation of
–7.7%, that is, eight tenths lower than that registered in the previous month. This behaviour
was mainly due to the decrease in the prices of the sector this month, as compared with the
price stability registered in April 2013.
IPRIX-IPRIM – APRIL 2014 (7/13)
Monthly evolution of import prices
In April, the monthly variation of the Import Price Index was –0.1%.
Monthly evolution of the IPRIM
1.0 General Index
0.5
0.5
0.4
0.2
0.2
0.0
-0.3
-0.2
0.2
0.0
-0.2
-0.5
-0.3
-1.0
-0.1
-0.1
-0.2
-1.0
-1.1
-1.5
-1.5
April
March
February
2014 January
December
November
October
September
August
July
June
May
April
March
February
2013 January
-2.0
By economic destination of the goods, among the industrial sectors with a monthly negative
effect in the general index, it is worth highlighting:
 Energy, with a variation rate of –0.6%, and an effect of –0.144, due to the decrease in the
prices of Manufacture of coke and refined petroleum products.
 Capital goods, whose monthly rate stood at –0.1%. Its contribution to the general index
was –0.013.
In turn, the sectors registering the greatest monthly positive effect in the general index are:
 Non-durable consumer goods, with an effect of 0.065 and a monthly variation of 0.3%.
 Intermediate goods, which registered a monthly variation of 0.1% and an effect of 0.025 in
the general IPRIM.
IPRIX-IPRIM – APRIL 2014 (8/13)
A more detailed analysis showed the activities with the greatest effect on the monthly rate of
the IPRIM in April.
Activities with the greatest positive contribution to the monthly rate of the
IPRIM
Activity (CNAE-09)
Manufacture of other transport equipment
Manufacture of wearing apparel
Manufacture of chemicals and chemical products
Manufacture of motor vehicles, trailers and semi-trailers
Monthly rate
(%)
2.6
1.3
0.2
0.1
Contribution
0.065
0.056
0.016
0.012
Activities with the greatest negative contribution to the monthly rate of the
IPRIM
Activity (CNAE-09)
Manufacture of coke oven products
Manufacture of computer, electronic and optical products
Extraction of crude petroleum and natural gas
Manufacture of machinery and equipment n.e.c
Monthly rate
(%)
–1.9
–0.8
–0.1
–0.3
Contribution
–0.119
–0.055
–0.021
–0.020
IPRIX-IPRIM – APRIL 2014 (9/13)
Export and Import Price Indices
of Industrial Products. Base 2010
April 2014
Provisional data
1.Export Indices: general index and by economic destination of the goods
Index
Effect
% Variation
Monthly
Year
to date
Annual
Monthly
GENERAL INDEX
102.8
0.0
-1.5
-2.8
Consumer goods
- Durable consumer goods
- Non-durable consumer goods
Capital goods
Intermediate goods
Energy
104.2
96.8
106.5
101.7
104.7
87.1
0.3
-0.2
0.4
-0.1
0.1
-0.5
-0.6
-1.3
-0.6
-0.8
-0.6
-15.6
-1.9
-3.6
-1.7
-1.5
-2.7
-15.1
Year
to date
0.064
-0.005
0.069
-0.031
0.027
-0.024
-0.140
-0.035
-0.105
-0.290
-0.223
-0.886
2. Import Indices: general index and by economic destination of the goods
Index
Effect
% Variation
Monthly
Year
to date
Annual
Monthly
GENERAL INDEX
108.4
-0.1
-1.0
-2.4
Consumer goods
- Durable consumer goods
- Non-durable consumer goods
Capital goods
Intermediate goods
Energy
105.5
99.9
107.1
99.8
105.7
128.2
0.3
0.2
0.3
-0.1
0.1
-0.6
-0.1
0.1
-0.1
-0.1
-0.4
-3.6
-1.2
-2.8
-0.8
-1.4
-2.8
-4.2
Year
to date
0.075
0.009
0.065
-0.013
0.025
-0.144
-0.021
0.004
-0.026
-0.015
-0.097
-0.870
3. Indices in aggregates of domestic and international markets
(IPRI+IPRIX): general and by economic destination of the goods
Index
Effect
% Variation
Monthly
Year
to date
Annual
Monthly
GENERAL INDEX
108.0
0.1
-1.7
-0.7
Consumer goods
- Durable consumer goods
- Non-durable consumer goods
Capital goods
Intermediate goods
Energy
106.3
100.7
107.3
101.6
106.0
119.6
0.2
-0.1
0.2
0.0
0.1
0.2
-0.2
-0.1
-0.2
-0.2
-0.3
-7.4
-0.9
-0.8
-1.0
-0.8
-2.4
2.1
Year
to date
0.051
-0.003
0.053
-0.010
0.045
0.035
IPRIX-IPRIM - APRIL 2014
-0.043
-0.002
-0.041
-0.046
-0.088
-1.559
(10/13)
4. Export indices: general index and by branch of activity (CNAE 2009)
Index
GENERAL INDEX
B. Mining and quarrying industries
Extraction of metallic ores
Other mining and quarrying
C. Manufacture industry
Food industry
Manufacture of beverages
Tobacco industry
Textile industry
Manufacture of garments
Leather and footwear industry
Manufacture of wood and of products of wood and cork, except furniture;
basketmaking and wickerwork
Paper industry
Printing and service activities related to printing
Manufacture of coke and refined petroleum products
Chemical industry
Manufacture of pharmaceutical products
Manufacture of rubber and plastic materials
Manufacture of other non-metallic ore products
Metallurgy; manufacture of basic iron and steel and of ferro-alloy products
Manufacture of metal products, except machinery and equipment
Manufacture of computer, electronic and optical products
Manufacture of electrical material and equipment
Manufacture of machinery and equipment n.e.c.
Manufacture of motor vehicles, trailers and semi-trailers
Manufacture of other transport material
Manufacture of furniture
Other manufacturing industries
Repair and installation of machinery and equipment
D. Supply of electrical energy and gas
Monthly
Annual
% Variationn Effect
% Variation
102.8
128.1
171.1
105.8
104.1
110.3
106.6
110.9
107.6
102.5
110.1
0.0
-0.4
-1.1
0.0
0.1
-0.002
-0.002
0.000
0.083
-2.8
-3.2
-8.8
-0.3
-2.1
0.7
0.2
-0.1
0.1
0.6
0.2
0.059
0.003
0.000
0.001
0.003
0.002
-2.7
-2.9
-4.6
-0.4
-1.1
0.9
107.2
106.6
97.7
118.0
111.3
0.1
-0.5
0.2
0.5
0.3
0.0
-0.2
-0.2
0.0
0.2
0.4
0.2
-0.1
-0.1
0.0
0.5
0.0
0.0
-4.1
0.001
-0.013
0.001
0.020
0.027
-0.002
-0.007
-0.005
-0.001
0.008
0.006
0.008
-0.006
-0.026
0.000
0.003
0.000
0.000
-0.044
0.0
0.5
-2.4
-1.9
-1.5
0.0
-3.3
-0.8
-5.1
-0.6
-13.7
-1.9
-0.4
-2.2
0.0
0.3
-0.7
-0.2
-43.3
100.8
106.4
103.9
97.6
102.6
77.2
101.6
104.7
100.7
101.8
104.1
105.5
102.5
37.6
IPRIX-IPRIM - APRIL 2014
(11/13)
5. Import indices: general index and by branch of activity (CNAE 2009)
Index
Monthly
% Variation
GENERAL INDEX
B. Mining and quarrying industries
Extraction of anthracite, coal and lignite
Extraction of crude petroleum and natural gas
Extraction of metallic ores
Other mining and quarrying
C. Manufacture industry
Food industry
Manufacture of beverages
Tobacco industry
Textile industry
Manufacture of garments
Leather and footwear industry
Manufacture of wood and of products of wood and cork, except furniture;
basketmaking and wickerwork
Paper industry
Manufacture of coke and refined petroleum products
Chemical industry
Manufacture of pharmaceutical products
Manufacture of rubber and plastic materials
Manufacture of other non-metallic ore products
Metallurgy; manufacture of basic iron and steel and of ferro-alloy products
Manufacture of metal products, except machinery and equipment
Manufacture of computer, electronic and optical products
Manufacture of electrical material and equipment
Manufacture of machinery and equipment n.e.c.
Manufacture of motor vehicles, trailers and semi-trailers
Manufacture of other transport material
Manufacture of furniture
Other manufacturing industries
D. Supply of electrical energy and gas
Annual
Effect
% Variation
108.4
127.2
89.8
132.4
93.5
110.1
105.1
115.8
104.9
116.5
113.8
108.5
109.6
-0.1
-0.1
-1.2
-0.1
-0.1
1.3
0.0
-0.025
-0.005
-0.021
-0.001
0.003
-0.033
-2.4
-4.8
-10.1
-4.4
-8.6
-2.1
-1.8
0.1
-0.1
0.0
0.0
1.3
0.3
0.009
-0.001
0.000
0.000
0.056
0.005
-0.9
1.0
-1.8
-1.0
-1.2
-2.4
108.6
105.4
121.2
111.2
0.0
0.1
-1.9
0.2
-0.2
0.0
0.1
0.0
0.0
-0.8
0.1
-0.3
0.1
2.6
-0.2
0.1
1.5
0.000
0.002
-0.119
0.016
-0.010
-0.001
0.001
0.001
-0.001
-0.055
0.004
-0.020
0.012
0.065
-0.002
0.001
0.000
2.3
-1.5
-2.8
-1.6
-0.7
-1.8
-0.7
-5.4
-1.3
-7.7
-1.6
-0.2
0.6
2.2
-1.0
-2.0
-33.3
93.8
109.8
106.4
99.3
104.5
89.4
101.9
104.8
101.4
108.6
104.2
103.3
53.2
IPRIX-IPRIM - APRIL 2014
(12/13)
6.Indices in aggregates of domestic and international markets
(IPRI+IPRIX): general and by branch of activity (CNAE 2009)
Index
Monthly
% Variation
GENERAL INDEX
B. Mining and quarrying industries
Extraction of anthracite, coal and lignite
Extraction of metallic ores
Other mining and quarrying
C. Manufacture industry
Food industry
Manufacture of beverages
Tobacco industry
Textile industry
Manufacture of garments
Leather and footwear industry
Manufacture of wood and of products of wood and cork, except furniture;
basketmaking and wickerwork
Paper industry
Printing and service activities related to printing
Manufacture of coke and refined petroleum products
Chemical industry
Manufacture of pharmaceutical products
Manufacture of rubber and plastic materials
Manufacture of other non-metallic ore products
Metallurgy; manufacture of basic iron and steel and of ferro-alloy products
Manufacture of metal products, except machinery and equipme
Manufacture of computer, electronic and optical products
Manufacture of electrical material and equipment
Manufacture of machinery and equipment n.e.c.
Manufacture of motor vehicles, trailers and semi-trailers
Manufacture of other transport material
Manufacture of furniture
Other manufacturing industries
Repair and installation of machinery and equipment
D. Supply of electrical energy and gas
E. Supply of water
For further information see INEbase - www.ine.es/en/
Annual
Effect
% Variation
108.0
107.4
111.5
171.6
102.8
106.9
111.5
108.2
115.6
106.8
98.8
107.6
0.1
0.1
2.1
0.4
-0.2
0.1
0.4
-0.3
0.0
0.4
0.3
0.2
0.001
0.002
0.000
-0.002
0.129
0.068
-0.009
0.000
0.004
0.003
0.001
-0.7
-0.6
4.7
-7.1
-0.4
-1.5
-2.7
-0.3
1.0
0.3
-0.7
1.0
104.5
105.3
103.7
127.0
0.1
-0.3
-0.9
0.6
0.3
0.2
0.2
0.0
0.0
0.3
0.2
0.1
-0.1
-0.1
-0.3
0.0
-0.4
0.1
-0.1
0.1
0.001
-0.006
-0.013
0.042
0.020
0.005
0.007
-0.001
0.000
0.018
0.003
0.004
-0.003
-0.007
-0.008
0.000
-0.003
0.002
-0.010
0.001
0.2
-0.1
-2.1
-1.3
-1.4
0.8
-1.3
-0.2
-5.2
-0.6
-7.6
-1.1
0.3
-1.5
-0.7
0.5
-0.4
0.0
3.6
3.5
112.2
100.1
107.7
102.1
98.8
101.8
84.3
104.3
103.8
100.8
100.9
103.4
104.7
100.8
115.0
116.5
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IPRIX-IPRIM - APRIL 2014
(13/13)