Spain's producer price inflation rose to 1.9 percent in February 2019 from the previous month's revised figure of 1.7 percent, as prices rose for energy (5.8 percent vs 4.9 percent in January); durable consumer goods (1.1 percent vs 1.3 percent); capital goods (0.9 percent vs 1 percent); and intermediate goods (0.8 percent vs 1 percent). Meanwhile, non-durable goods prices continued to fall (-1 percent vs -0.9 percent). Producer Prices Change in Spain averaged 5.10 percent from 1976 until 2019, reaching an all time high of 24.60 percent in December of 1977 and a record low of -6.70 percent in July of 2009.
Producer Prices Change in Spain is expected to be 1.70 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 1.80 in 12 months time. In the long-term, the Spain Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.