Spain's producer prices dropped 3.5 percent from a year earlier in August 2020, easing from a 4.8 percent decline in the previous month, as cost fell at a softer pace for energy products (-10.1 percent vs -13.9 percent in July) and intermediate goods (-1.8 percent vs -2.1 percent). At the same time, inflation picked up for capital goods (0.8 percent vs 0.7 percent) and was unchanged for consumer goods (at 0.4 percent). On a monthly basis, producer prices were down 0.2 percent.

Producer Prices Change in Spain averaged 4.84 percent from 1976 until 2020, reaching an all time high of 24.60 percent in December of 1977 and a record low of -8.80 percent in May of 2020. This page provides the latest reported value for - Spain Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: National Statistics Institute (INE)

Producer Prices Change in Spain is expected to be -4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Spain to stand at 2.30 in 12 months time. In the long-term, the Spain Producer Prices Change is projected to trend around 2.60 percent in 2021 and 1.90 percent in 2022, according to our econometric models.

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Spain Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -4.80 24.60 -8.80 1976 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-25 07:00 AM May -8.7% -8.4% -8.9%
2020-07-24 07:00 AM Jun -6.1% -8.8% -8.2%
2020-08-25 07:00 AM Jul -4.8% -5.9% -5.6%
2020-09-25 07:00 AM Aug -3.5% -4.8% -4.3%
2020-10-26 08:00 AM Sep -3.5% -3%
2020-11-25 08:00 AM Oct
2020-12-23 08:00 AM Nov


News Stream
Spain Producer Price Deflation Eases in August
Spain's producer prices dropped 3.5 percent from a year earlier in August 2020, easing from a 4.8 percent decline in the previous month, as cost fell at a softer pace for energy products (-10.1 percent vs -13.9 percent in July) and intermediate goods (-1.8 percent vs -2.1 percent). At the same time, inflation picked up for capital goods (0.8 percent vs 0.7 percent) and was unchanged for consumer goods (at 0.4 percent). On a monthly basis, producer prices were down 0.2 percent.
2020-09-25
Spain Producer Deflation Slows in July
Spain's producer prices fell 4.8 percent over a year earlier in July 2020, following a downwardly revised 5.9 percent drop in the previous month, amid the coronavirus crisis. Cost declined less for energy (-13.7 percent vs -16.9 percent in June); and intermediate goods (-2.2 percent vs -2.9 percent). Additionally, prices eased for consumer goods (0.4 percent vs 0.5 percent), of which non-durable (0.4 percent vs 0.5 percent) and durable (1.2 percent, the same as in June). Meantime, inflation was steady for capital goods (at 0.7 percent). On a monthly basis, producer prices went up 1.8 percent, after increasing 2 percent in the prior month.
2020-08-25
Spain Producer Deflation Slows in June
Spain's producer prices fell 6.1 percent over a year earlier in June 2020, following an upwardly revised record 8.8 percent slump in the previous month, amid the coronavirus pandemic. Cost dropped less for energy (-16.9 percent vs -25.2 percent); and intermediate goods (-3.2 percent vs -3.4 percent). Meanwhile, prices slowed for consumer goods (0.5 percent vs 0.8 percent), of which durable (1.2 percent vs 1.4 percent) and non-durable (0.5 percent vs 0.8 percent); and capital goods (0.7 percent vs 0.8 percent). On a monthly basis, producer prices rose 2 percent, rebounding from an upwardly revised 0.4 percent fall in May.
2020-07-24
Spain Producer Prices Fall the Most on Record
Spain's producer prices dropped 8.7 percent from a year earlier in May 2020, the biggest decline since comparable records began in 1976, as the coronavirus pandemic hit activity and demand. Energy cost was sharply down (-24.7 percent vs -24.8 percent in April) as well as intermediate goods prices (-3.5 percent vs -3.3 percent). Meanwhile, consumer goods inflation slowed to 0.9 percent from 1.7 percent, while capital goods inflation was little-changed at 0.8 percent, compared to 0.7 percent in April. On a monthly basis, producer prices fell 0.2 percent in May, after a 3.0 percent plunge in April.
2020-06-25

Spain Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.