Producer prices in Spain rose 0.9 percent year-on-year in January of 2021, rebounding from an upwardly revised 1.5 percent drop in the previous month. It was the first gain in producer prices since May 2019, as cost advanced faster for non-durable consumer goods (0.6 percent vs 0.5 percent in December) and intermediate goods (2.4 percent vs 1.2 percent). Meantime, inflation was steady for capital goods (at 0.8 percent) and energy cost showed no growth, after falling 6.5 percent. On a monthly basis, producer prices jumped 3.4 percent, following a 0.9 percent gain in December. source: National Statistics Institute (INE)

Producer Prices Change in Spain averaged 4.77 percent from 1976 until 2021, 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 March of 2021.

Producer Prices Change in Spain is expected to be 0.50 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 2.60 in 12 months time. In the long-term, the Spain Producer Prices Change is projected to trend around 2.60 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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Spain Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.90 -1.50 24.60 -8.80 1976 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
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 -1.4% -2.8% -2.4%
2021-02-25 08:00 AM Jan 0.9% -1.5% -1.2%
2021-03-25 08:00 AM Feb 0.9%
2021-04-26 07:00 AM Mar
2021-05-25 07:00 AM Apr
2021-06-25 07:00 AM May


News Stream
Spain Producer Prices Rise for 1st Time in 20 Months
Producer prices in Spain rose 0.9 percent year-on-year in January of 2021, rebounding from an upwardly revised 1.5 percent drop in the previous month. It was the first gain in producer prices since May 2019, as cost advanced faster for non-durable consumer goods (0.6 percent vs 0.5 percent in December) and intermediate goods (2.4 percent vs 1.2 percent). Meantime, inflation was steady for capital goods (at 0.8 percent) and energy cost showed no growth, after falling 6.5 percent. On a monthly basis, producer prices jumped 3.4 percent, following a 0.9 percent gain in December.
2021-02-25
Spain Producer Deflation at 11-Month Low
Producer prices in Spain fell 1.4 percent year-on-year in December of 2020, following a 2.8 percent decline in the previous month. It was the lowest producer inflation since last January, amid a smaller decrease in energy prices (-6.3 percent vs -9.9 percent in November). In addition, costs increased for intermediate goods (1.2 percent vs -0.1 percent); capital goods (0.8 percent vs 1 percent) and consumer goods (0.4 percent vs 0.9 percent). On a monthly basis, producer prices were up 1 percent, after increasing 0.9 percent in the previous month.
2021-01-26
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 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.