Spain, sharp drop in producer prices in August

Spain June industrial production 1 on month 3 on year

(Finance) – Producer prices improve in Spain. According to theSpanish statistical office INEin August, the trend change stood at -10%, after -8.6% in July (data revised from -8.4%).

On a monthly basis there was an increase of 1.2% after the -0.2% of the previous month.

The index excluding the energy component recorded an increase of 1.7% on a yearly basis after the +1.8% recorded previously.

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