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Spain producer price inflation eases in June

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Staff Writer | July 25, 2017
Spain's producer price inflation eased further in June, figures from the statistical office INE showed.
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Spain   Producer prices climbed 3.2% year-on-year in June
Producer prices climbed 3.2% year-on-year in June, slower than the 5.2% increase seen in May.

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.