Published by Global Banking & Finance Review®
Posted on March 25, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleSpanish industrial prices rose 6.6% in February 2025, driven by energy costs, marking the highest increase in two years, according to INE.
(Reuters) - Energy costs lifted Spanish industrial prices in February to their highest level in two years, the National Statistics Institute (INE) said on Tuesday.
Over the 12 months through February 2025, industrial prices rose 6.6%, up from a 2.6% increase in the 12 months through January.
Annual price variations at factory gates rose for the past five months in Spain and stood at their highest level since February 2023 when they were up 8%.
Energy prices rose 22% year-on-year, almost 14 percentage points higher than in January, driven by prices of electricity, and, to a lesser extent, gas, which had fallen in February 2024.
Industrial prices rose 1.2% in February from January, INE said.
Companies tend to transfer industrial price increases to customers, ultimately fuelling consumer inflation.
Spain's 12-month national consumer prices rose 3.0% in the 12 months through February, up from 2.9% in the period through January. March inflation data are due on Friday.
(Reporting by Joao Manuel Mauricio in Gdansk, Editing by Inti Landauro and Ed Osmond)
The article discusses the rise in Spanish industrial prices due to increased energy costs, reaching a two-year high in February 2025.
Energy prices rose 22% year-on-year, significantly contributing to the overall increase in industrial prices.
Rising industrial prices are often transferred to consumers, potentially increasing consumer inflation.
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