Industrial inflation stagnated its growth in February at 7.8%

MADRID, 24 Mar.

Industrial inflation stagnated its growth in February at 7.8%

MADRID, 24 Mar. (EUROPA PRESS) -

Industrial prices stagnated their year-on-year growth in February at 7.8%, thus remaining at the lows for March 2021, as reported this Friday by the National Statistics Institute (INE).

It was just from March 2021 when industrial inflation began an escalation that led it to register double-digit rates for more than 20 months.

With the year-on-year upturn in February, the same as that experienced in January, inflation in the industrial sector chains 26 consecutive months of positive rates.

The maintenance of the interannual rate of industrial prices is due to the rise experienced by energy, which raised its growth by almost two points, up to 4.5%, due to the increase in the cost of electricity production, and the decrease registered in the interannual rates of intermediate goods and capital goods.

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