
The Producer Price Index (PPI) registered a slight increase in November 2025 compared to the same month in 2024, according to a report from the Banco Central de Reserva (BCR). This indicator shows how the prices producers receive for their goods and services change before they reach the final consumer.
Official data indicates that the PPI rose from 134.89 points in november 2024 to 135.89 points in november 2025, representing an increase of 0.74%. Simply put, this means that producing goods in the country was slightly more expensive during the past year.

The BCR explains that this behavior is mainly due to the higher cost of inputs, raw materials, and services that companies use for production. Other contributing factors include adjustments to operating costs and changes in demand in certain sectors.
For businesses, this increase means their production costs have risen, which could reduce their profit margins if they don’t adjust prices. Some companies choose to absorb the increase to avoid losing customers, while others may pass on part of the cost to the final price of their products or services.

The increase is moderate, so it doesn’t represent a cause for alarm for the economy. A slight increase in the PPI may reflect that productive activity remains active, although it also requires monitoring to prevent these costs from translating into widespread increases in consumer prices.
The BCR indicated that monitoring the PPI is key to understanding the evolution of business costs and anticipating possible changes in inflation, thus aiding economic decision-making in both the public and private sectors.
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