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Prices declined by 0.3% compared with October, as a modest rise in domestic output prices was outweighed by a sharper drop in prices for non-domestic output.
On a year-on-year basis, domestic output prices fell by 1.8% in November. Within that, manufacturing prices, accounting for 62.7% of the index, were down 1.1%, while prices in the energy industry, including electricity, gas, steam and air conditioning supply, dropped 2.8% with a weight of 35.4%. In contrast, food industry output prices increased by 4.1%.
By end-use categories within domestic production, prices in energy and intermediate producer branches combined declined by 3.1%, while capital goods producer prices fell by 1.5%. Consumer goods producer prices, however, rose by 4.0%.
Industrial non-domestic output prices decreased by 3.1% compared with November 2024. Manufacturing export prices, which make up 91.8% of the non-domestic index, declined by 2.2%, while prices in the energy industry fell sharply, down 11.7%, despite a smaller weight of 8.0%.
Month-on-month, domestic output prices increased by 0.3% in November, while non-domestic output prices fell by 0.5%, resulting in an overall 0.3% decline in industrial producer prices.
Despite the annual drop in November, producer prices remained higher over the longer term. In the January–November period, domestic output prices were up 2.7% year on year, while non-domestic output prices rose 5.8%.
As a result, industrial producer prices increased by 4.8% overall in the first 11 months of 2025 compared with the same period a year earlier.
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