Industrial Production Prices Index recorded a year-on-year change rate of -3.4% in March (-3.0% in the previous month). Excluding the Energy grouping, the index stood at -2.1% (-2.0% in February). The monthly change rate of the total index was -0.4% (0.1% in the same month of 2019).
The information in this release, referring to March, should already reflect some effects of the COVID-19 pandemic, both on the behavior of the price index and on the amount of primary information used to its compilation. Despite the difficulties, we call for collaboration of companies in responding to INE's surveys. The quality of official statistics depends crucially on this collaboration that INE thanks in advance.