Spain’s producer price inflation accelerated sharply to 13.2% year over year in August 2026, up from an upwardly revised 9.4% in July and marking the highest rate since December 2022. The increase was driven mainly by a surge in energy prices, which rose 33.3% year over year, up from 21.2% in July, amid higher oil prices linked to the ongoing US-Iran conflict. Producer price inflation also accelerated for intermediate goods (7.1% vs. 6.7%), durable consumer goods (3.6% vs. 3.5%) and capital goods (2.4% vs. 2.3%). By contrast, inflation for non-durable consumer goods eased to 0.2% from 0.5%. On a monthly basis, producer prices rose 2.9% in August, following a 3.1% increase in July. source: National Statistics Institute (INE)

Producer Prices in Spain increased 13.20 percent in August of 2026 over the same month in the previous year. Producer Prices Change in Spain averaged 5.23 percent from 1976 until 2026, reaching an all time high of 47.00 percent in March of 2022 and a record low of -9.90 percent in August of 2023. 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 2026.

Producer Prices in Spain increased 13.20 percent in August of 2026 over the same month in the previous year. Producer Prices Change in Spain is expected to be 15.30 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 6.70 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-25 07:00 AM
PPI YoY
Jul 9.2% 7% 5.8%
2026-09-24 07:00 AM
PPI YoY
Aug 13.2% 9.4% 9.6%
2026-10-26 07:00 AM
PPI YoY
Sep 13.2% 15.3%


Related Last Previous Unit Reference
CPI 104.64 103.90 points Aug 2026
Core Consumer Prices 103.54 103.27 points Aug 2026
Core Inflation Rate YoY 2.90 3.00 percent Aug 2026
CPI Housing Utilities 106.49 105.80 points Aug 2026
CPI Transportation 110.33 106.77 points Aug 2026
Food Inflation 2.30 1.60 percent Aug 2026
Harmonised Consumer Prices 104.74 104.06 points Aug 2026
Inflation Rate YoY 4.30 3.60 percent Aug 2026
Inflation Rate MoM 0.70 0.30 percent Aug 2026
Producer Prices 141.81 137.84 points Aug 2026
PPI YoY 13.20 9.40 percent Aug 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
13.20 9.40 47.00 -9.90 1976 - 2026 percent Monthly
2021=100, NSA

News Stream
Spain’s Producer Price Inflation Hits Highest Since 2022
Spain’s producer price inflation accelerated sharply to 13.2% year over year in August 2026, up from an upwardly revised 9.4% in July and marking the highest rate since December 2022. The increase was driven mainly by a surge in energy prices, which rose 33.3% year over year, up from 21.2% in July, amid higher oil prices linked to the ongoing US-Iran conflict. Producer price inflation also accelerated for intermediate goods (7.1% vs. 6.7%), durable consumer goods (3.6% vs. 3.5%) and capital goods (2.4% vs. 2.3%). By contrast, inflation for non-durable consumer goods eased to 0.2% from 0.5%. On a monthly basis, producer prices rose 2.9% in August, following a 3.1% increase in July.
2026-09-24
Spain Producer Inflation Quickens to 9.2% in July
Producer price inflation in Spain accelerated to 9.2% in July 2026 from 7% in June, largely driven by a sharp rise in energy prices, which rose to 20.8% from 14.3%. The rise mainly reflected stronger increases in electricity production, transport and distribution prices, while gas-related prices declined after rising in July 2025. Additional upward pressure came from prices of intermediate goods (6.8% vs 6.6%); durable consumer goods (3.6% vs 3.4%) and capital goods (2.3% vs 2.5%). Meanwhile, costs softened for non-durable consumer goods (0.5% vs 0.9%), mainly due to lower prices for vegetable and animal oils and fats compared with a year earlier. Excluding energy, producer inflation came in at 3.5%, down slightly from 3.6% in the prior month. On a monthly basis, the PPI surged by 3% in July, its largest increase in four months, after being flat in June, mainly driven by increases in electricity production, transport and distribution (16.6%) and oil refining prices (5.3%).
2026-08-25
Spain Producer Inflation Slows to 7% in June
Producer prices in Spain rose 7% year-on-year in June 2026, easing from a 10.5% jump in the previous month. Cost slowed for energy (14.3% vs 28.5% in May), due to lower prices in electricity production, transmission and distribution and a decline in oil refining prices; and consumer goods (1% vs 1.3%). On the other hand, prices accelerate for intermediate goods (6.6% vs 6.1%) and capital goods (2.5% vs 2.3%). Excluding energy, producer inflation picked up to 3.6% from 3.4% in the prior month. On a monthly basis, producer prices showed no growth, after a 1% increase in May.
2026-07-24