This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Los precios industriales bajan una décima en noviembre
Industrial prices fall a tenth in November
29/12/2004
on December 29, 2004
The General industrial price index recorded a decrease of 0.1 per cent in November from the previous month, which reduces the increase in the annual rate, two-tenths to 5.2 per cent less than in October, according to the broadcast by the National Institute of statistics (Ine).
Activities influencing the monthly decline were coking and oil refining, which experienced a decline of 3.6 percent, and industry in food and drink, with a decline of 0.2 per cent. On the other hand, the activity of production and distribution of electric energy and gas prices rose 1 per cent.
By the economic destination of the goods, intermediate goods experienced an increase of 0.3 percent, while energy recorded a decrease of 0.9 per cent. Consumer goods and equipment did not suffer any variation.
As regards the increase in annual rate, the activities most influential in this variation were coking and refining of oil, with an increase of 29.6%, metallurgy (26.6 per cent) and chemical industry (6.7 per cent).
