Spain producer price inflation eases in JuneStaff Writer | July 25, 2017
Spain's producer price inflation eased further in June, figures from the statistical office INE showed.
Spain Producer prices climbed 3.2% year-on-year in June
Excluding energy, producer prices grew at a weaker pace of 2.2% after rising 2.6% in the previous month.
Prices of consumer goods grew 2.2% and capital goods prices rose 1%. Cost of intermediate goods and energy moved up 2.8% and 5.8%, respectively.
Producer prices rose 0.1% on a monthly basis for the third consecutive month, in June. Prices had fallen 1% in March and by 1.2% in February. ■