Industrial inflation soars to 9.2% in July due to energy costs, marking five consecutive months of increases.

Spain's industrial price index (IPRI) rose to an annual rate of 9.2% in July, marking a 2.2-point increase compared to the previous month. Data released by the National Statistics Institute (INE) indicates that this growth is primarily driven by the rising cost of energy. This development represents the fifth consecutive month of increases for industrial prices.

The surge in the IPRI reflects ongoing inflationary pressures within the industrial sector. By reaching a 9.2% annual rate, the index highlights the significant impact that energy market volatility continues to exert on production costs.