Producer prices in Spain fell 2.8 percent year-on-year in November of 2020, following a 4.1 percent drop in October. It is the lowest producer deflation in nine months amid smaller declines in energy prices (-10 percent) mainly prices of production, transport and distribution of electricity supply. Also, cost of intermediate goods was flat mainly due to chemical products, fertilizers, plastics and synthetic rubber. Meanwhile, cost of nondurable goods went down 0.8 percent on falling cost for processing and preserving meat. On a monthly basis, producer prices went up 0.8 percent. source: National Statistics Institute (INE)

Producer Prices Change in Spain averaged 4.79 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 January of 2021.

Producer Prices Change in Spain is expected to be -1.80 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 3.40 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
-2.80 -4.10 24.60 -8.80 1976 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-25 07:00 AM Aug -3.5% -4.8% -4.3%
2020-10-26 08:00 AM Sep -3.3% -3.5% -3%
2020-11-25 08:00 AM Oct -4.1% -3.3% -2.9%
2020-12-23 08:00 AM Nov -2.8% -4.1% -3.8%
2021-01-26 08:00 AM Dec -2.8% -2.4%
2021-02-25 08:00 AM Jan
2021-03-25 08:00 AM Feb
2021-04-26 07:00 AM Mar


News Stream
Spain Producer Deflation at 9-Month Low
Producer prices in Spain fell 2.8 percent year-on-year in November of 2020, following a 4.1 percent drop in October. It is the lowest producer deflation in nine months amid smaller declines in energy prices (-10 percent) mainly prices of production, transport and distribution of electricity supply. Also, cost of intermediate goods was flat mainly due to chemical products, fertilizers, plastics and synthetic rubber. Meanwhile, cost of nondurable goods went down 0.8 percent on falling cost for processing and preserving meat. On a monthly basis, producer prices went up 0.8 percent.
2020-12-23
Spain Producer Deflation Deepens to 4.1% in October
Producer prices in Spain declined 4.1 percent year-on-year in October of 2020, following a 3.3 percent decrease in the previous month. It was the seventeenth consecutive month of falls in producer prices, as cost continued to drop for energy (-13.2 percent vs -9.8 percent in September) and intermediate goods (-1 percent vs -1.6 percent). Meantime, prices slowed for durable consumer goods (1.1 percent vs 1.2 percent) while cost advanced faster for non-durable consumer goods (1 percent vs 0.6 percent) and capital goods (1 percent vs 0.9 percent). On a monthly basis, producer prices went down 0.4 percent, after a 0.4 percent increase in September.
2020-11-25
Spain Producer Price Deflation Softens
Spain's producer prices fell 3.3 percent over a year earlier in September 2020, following a 3.5 percent drop in the previous month. Prices declined at a softer pace for energy products (-10 percent vs -10.1 percent in August) and intermediate goods (-1.6 percent vs -1.8 percent). In addition, cost rose further for capital goods (0.9 percent vs 0.8 percent) and consumer goods (0.6 percent vs 0.4 percent). On a monthly basis, producer prices increased 0.3 percent.
2020-10-26
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 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.