Industry, Istat: producer prices +2.4% in July, +7.8% year on year

Industry, Istat: producer prices +2.4% in July, +7.8% year on year
symbolic photo - steel mill IMAGOECONOMICA

(Il Sole 24 Ore Radiocor) – In July, industrial producer prices increased by 2.4% on a monthly basis and by 7.8% on an annual basis (+5.8% in June).

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This is reported by Istat, adding that domestic market prices grow by 3% month-on-month and 9.3% year-on-year (up from +6.8% the previous month); excluding the energy sector, price growth is much more contained month-on-month (+0.3%) and year-on-year (+3.3%; it was +2.9% in June).

In the foreign market, prices increase by 0.6% monthly (+0.2% euro area, +0.9% non-euro area) and by 3.6% annually (+3.7% euro area, +3.5% non-euro area).

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In the May-July 2026 quarter, compared to the previous one, industrial producer prices increased by 2.2% (+2.4% domestic market, +1.5% foreign market).

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

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