Producer Prices in Spain
Spain - Producer Prices
Inflation eases in May
According to a preliminary estimate released by the National Statistical Institute (INE) on 30 May, annual inflation eased from 2.1% in April to 1.9% in May. INE will release a complete set of data on 13 June. Detailed data for April showed consumer prices jumping 1.4% over the previous month, which doubled the 0.7% rise recorded in March. The monthly rise was mainly the result of a sharp increase in prices for clothing and footwear as well as for alcoholic beverages and tobacco. The core inflation index, which does not include prices for unprocessed food and energy, added 1.2% over the previous month, up from the 0.5% rise recorded in March. Despite the sharp increase, annual core inflation inched down from 1.2% in March to 1.1% in April, its lowest level in 19 months.
Spain - Producer Prices Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation (PPI, annual variation in %) | 0.6 | -1.3 | -2.1 | -3.1 | 4.4 |
Spain Producer Prices Chart
Source: National Statistical Institute (INE).
Spain Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.07 | 5.62 % | Sep 03 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 8,857 | -0.74 % | Sep 04 |
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Economic News
Spain: Industrial production picks up in August
October 8, 2019
Industrial production increased 1.7% year-on-year in seasonally- and calendar-adjusted terms in August, up from July’s revised 1.2% rise (previously reported: +0.8% year-on-year).
Spain: Composite PMI drops to joint-lowest level in nearly six years in September
October 3, 2019
Reflecting a sharper deterioration in manufacturing activity and slower growth of the services sector, the IHS Markit composite Purchasing Managers’ Index (PMI) edged down from 52.6 in August to 51.7 in September, matching July’s reading which had marked a near six-year low.
Spain: Retail sales growth slows in August
September 30, 2019
Retail sales rose a healthy 3.2% year-on-year in August, however decelerating from the revised 4.8% jump logged in July (previously reported: +4.7% year-on-year).
Spain: Housing permits drop for third successive month in July
September 30, 2019
The Spanish Board of Architects approved 11,967 new construction permits in July, according to data published by the Ministry of Public Works.
Spain: Current account surplus rises in July
September 30, 2019
Spain’s current account balance recorded a surplus of EUR 3.2 billion in July, above the EUR 2.7 billion surplus recorded in July 2018 but below the EUR 3.8 billion surplus logged in June.
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