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Spain's producer price inflation accelerates in November

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Staff Writer | Friday December 22, 2017 9:13AM ET
Spain prices
Europe   Producer price inflation rose to 3.1%

Spain's producer price inflation increased in November, the statistical office INE reported.

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Producer price inflation rose to 3.1% in November from 2.8% in October.

Energy prices surged 6.3% annually. Excluding energy, producer prices growth eased to 2% from 2.3% a month ago.

Data showed that consumer goods prices gained 1.4% and capital goods by 0.7%. Intermediate goods prices rose notably by 3.3%.

On a monthly basis, producer prices moved up 0.5% in November, following October's 0.8% increase.


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