empty
 
 

2024.01.2509:49:00UTC+00Spain Producer Prices Fall At Slowest Pace In 8 Months

Spain's producer prices declined at the slowest pace in eight months in December, data from the statistical office INE showed on Thursday.

The producer price index fell 6.3 percent on a yearly basis in December, following a 7.6 percent decline in November. This was the slowest decline since last April.

Data showed that the major reason for the decline in overall producer prices was the 20.6 percent decrease in energy prices. In addition, prices of intermediate goods decreased 4.9 percent.

By contrast, prices of consumer goods climbed 6.7 percent and that of capital goods gained 2.7 percent.

Excluding energy, producer price inflation rose to 1.1 percent from 0.9 percent in the previous month.

On a monthly basis, producer prices dropped 0.3 percent, slower than a 2.2 percent decline in November.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback