In January, theprice increase to industrial production has undergone acceleration, due to large extent to the increase in Energy costsespecially for electricity and gas, with an increase of 1.6% on a monthly basis and 4.4% on an annual basis.
To reveal it is the last report of theIstat, According to which net of the energy sector, prices recorded a modest economic increase (+0.2%) and much more contained growth (+0.8%; it was+0.5%in December).
Consumer goods and capital goods: price growth
On the internal market, the report highlighted price growth of 2.0% compared to December 2024 and 6.0% on an annual basis (from +1.3% of the previous month). Net of the energy sectorthe prices have generally recorded a modest economic increase (+0.2%) and a much more contained growth (+0.8%; it was+0.5%in December).
By analyzing this market, Istat observed an acceleration of the tendential growth in prices relating to consumer goodspassed from +1.5% in December to +1.8%. Also the prices of capital goods They showed a tendency to rise, with a growth of 0.6%, higher than the 0.4% detected in the previous month.
As for the intermediate goodsafter a period of decline that began in May 2023, there was a turnaround, with a return to growth on an annual basis, although of modest entity, equal to 0.1%.
Price increase also with regard to the foreign marketwith a + 0.4% on a monthly basis. This growth was uniform both in the euro area (+0.4%) and outside (+0.3%). On an annual basis, there was a +1.0%, with a slight difference between the two areas: +0.9% in the euro area and +1.1% in the non -euro area.
If we consider the quarterly period From November 2024 to January 2025the prices for industry production showed a total growth of 2.5% compared to the previous quarter. An increase driven mainly by internal marketwhere a +3.4%was recorded, while the foreign market contributed with a +0.4%.
What are the sectors most affected by the increases
Analyzing the individual manufacturing activities in January 2025, some sectors with significant increases are highlighted. On the internal market, i pharmaceutical products Basic, drugs and preparations recorded an increase of 2.5%, followed by the other manufacturing industries and by the repair and installation of machines and equipment, with +2.2%.
On the foreign market, however, the major increases concerned the coke sector and refined oil products, with an increase of 6.7% in the euro area and 5.6% in the non -euro area, and the wood, paper and printing industry, with an increase of 7.0% in the euro area.
Despite the general trend on increasing prices, some sectors have recorded tendential calm. Among these are the rubber items And plasticsother products of the processing of non -metalliferous minerals (with a decrease of 1.5% in the euro area) and basic pharmaceutical products and pharmaceutical preparations (with -1.5% in the non -euro area).
On the internal market, however, the report highlighted a strong acceleration of growth on an annual basis of the prices of the supply of electricity and gas, which reached +18.1% (compared to the +3.6% recorded in December 2024).
Building: stable houses, worse the infrastructures
In the sector of constructionsin January 2025, production prices for residential and non -residential buildings recorded a +0.3% on a monthly basis, remaining stationary on an annual basis (after the drop of -0.2% in the previous month).
As regards the buildings of roads and for the railway network, an increase of 0.6% has occurred in conjunctural terms and 0.1% in tendential terms, reversing the negative trend of -0.5% recorded in December 2024.
