Economy

Industry, Istat: producer prices up 2.4 per cent in July, up 7.8 per cent year-on-year

The National Institute of Statistics: prices on the domestic market have risen by 3 per cent month-on-month and 9.3 per cent year-on-year (up from +6.8 per cent the previous month)

foto simbolica - acciaieria  IMAGOECONOMICA

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

(Il Sole 24 Ore Radiocor) - In July, industrial producer prices rose by 2.4 per cent month-on-month and by 7.8 per cent year-on-year (+5.8 per cent in June).

This is reported by Istat, which adds that on the domestic market, prices rose by 3 per cent month-on-month and 9.3 per cent year-on-year (up from +6.8 per cent the previous month); excluding the energy sector, the price rise is much more moderate on a month-on-month basis (+0.3%) and year-on-year (+3.3%; it was +2.9% in June).

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On the foreign market, prices rose by 0.6 per cent month-on-month (+0.2 per cent in the euro area, +0.9 per cent in the non-euro area) and by 3.6 per cent year-on-year (+3.7 per cent in the euro area, +3.5 per cent in the non-euro area).

In the May–July 2026 quarter, compared with the previous quarter, industrial producer prices rose by 2.2 per cent (+2.4 per cent on the domestic market, +1.5 per cent on the export market).

In July, amongst manufacturing activities, the largest year-on-year increases were recorded in coke and refined petroleum products (+54 per cent domestic market, +35.9 per cent non-euro area), chemical products (+9.6 per cent domestic market, +6.8 per cent euro area, +6.6 per cent non-euro area),metallurgy and the manufacture of metal products, excluding machinery and plant (+7.7% domestic market, +7.8% euro area) and other manufacturing industries, repair and installation of machinery and equipment (+6.8% non-euro area).

In the domestic market, the year-on-year growth in electricity and gas supply prices accelerated (+14.5 per cent, up from +8.9 per cent in June). In July, producer prices in the construction sector for residential and non-residential buildings fell by 0.1% month-on-month and rose by 3.1% year-on-year (down from +3.3% in June); those for roads and railways rose by 0.8% month-on-month and by 4.3% year-on-year (compared with +3.7% in June).

In the May–July 2026 quarter, compared with the previous quarter, prices for residential and non-residential buildings rose by 1.3 per cent, whilst those for roads and railways rose by 1.1 per cent. (bab)

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