Producer inflation in Spain was at 43.2 percent year-on-year in June of 2022, easing from the 43.6 percent annual rise in the previous month, marking the third consecutive period of deceleration in producer prices. Costs rose at a slower pace for intermediate goods (24.1 percent vs 25.1 percent in May), and energy (111.6 percent vs 113.7 percent). On the other hand, inflation continued to rise for consumer goods (10.3 percent vs 9.8 percent) and capital goods (5.9 percent vs 5.7 percent). On a monthly bases, producer prices jumped 1.9 percent, picking up from an upwardly revised 1 percent in the prior month. source: National Statistics Institute (INE)
Producer Prices Change in Spain averaged 5.39 percent from 1976 until 2022, reaching an all time high of 47 percent in March of 2022 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 August of 2022.
Producer Prices Change in Spain is expected to be 15.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Producer Prices Change is projected to trend around 2.50 percent in 2023 and 2.00 percent in 2024, according to our econometric models.