The Industrial Production Prices Index decelerated for the seventh consecutive month, to a year-on-year change rate of 9.9% in January, after reaching 25.5% in June. The slowdown observed was fundamentally due to a lower growth in the price of Intermediate Goods prices. Excluding the Energy grouping, prices in industry recorded a 11.6% growth rate (12.9% in the previous month).
The monthly change rate of the total index was -0.3% (0.3% in January 2022).