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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 subieron en diciembre por primera vez en un año

Industrial prices rose in December for the first time in a year

25/01/2010

January 25, 2010

Industrial prices rose by 0.1% in December 2009 from the previous month, and grew by 0.4% in annual terms after be falling for 11 consecutive months, according to the National Institute of statistics (INE). Thus, during the last month of 2009, industrial prices managed to place its annual rate at positive levels for the first time since December 2008.

The activity that most influenced the interannual rise in December was coking and oil refining, which registered a rise in their prices of 21.7%. By economic destination of the goods, the rates of change with respect to December 2008 were - 0.5% for consumer goods (- 0.6% the consumer goods not lasting and durable consumer goods unchanged), 0.1 per cent for equipment- 2.7 per cent for intermediate goods and 6.3 per cent for energy.