Producer prices in Spain declined 0.8 percent year-on-year in January of 2020, following a downwardly revised 1.8 percent fall in December. It is the smallest decrease in producer prices in six months as cost fell less for energy (-3.9 percent vs -6.1 percent in December), namely production, transport and distribution of electricity and oil refining; and intermediate goods (-1 percent vs -1.4 percent), namely chemicals, fertilisers, plastics and rubber. Also, prices rose faster for both consumption goods (2 percent vs 1.6 percent) and equipment goods (1.2 percent vs 1.1 percent). On a monthly basis, producer prices jumped 1.1 percent, after a 0.4 percent drop in December.

Producer Prices Change in Spain averaged 4.97 percent from 1976 until 2020, 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. 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. source: National Statistics Institute (INE)

Producer Prices Change in Spain is expected to be 0.40 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 1.60 in 12 months time. In the long-term, the Spain Producer Prices Change is projected to trend around 1.90 percent in 2021, according to our econometric models.


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Spain Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -1.80 24.60 -6.70 1976 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-25 08:00 AM Oct -2.8% -3.3% -3.6%
2019-12-23 08:00 AM Nov -2.3% -2.8% -3.2%
2020-01-24 08:00 AM Dec -1.9% -2.3% -1.6%
2020-02-25 08:00 AM Jan -0.8% -1.8% -1.6%
2020-03-25 08:00 AM Feb -0.8%
2020-04-24 07:00 AM Mar 0.4%
2020-05-25 07:00 AM Apr
2020-06-25 07:00 AM May


News Stream
Spain Producer Deflation Lowest in 6 Months
Producer prices in Spain declined 0.8 percent year-on-year in January of 2020, following a downwardly revised 1.8 percent fall in December. It is the smallest decrease in producer prices in six months as cost fell less for energy (-3.9 percent vs -6.1 percent in December), namely production, transport and distribution of electricity and oil refining; and intermediate goods (-1 percent vs -1.4 percent), namely chemicals, fertilisers, plastics and rubber. Also, prices rose faster for both consumption goods (2 percent vs 1.6 percent) and equipment goods (1.2 percent vs 1.1 percent). On a monthly basis, producer prices jumped 1.1 percent, after a 0.4 percent drop in December.
2020-02-25
Spain Producer Prices Fall for 7th Straight Month
Spain's producer prices decreased 1.9 percent year-on-year in December 2019, following a 2.3 percent slump in the previous month. It was the seventh consecutive month of declines in producer prices, led by energy (-6.5 percent vs -7 percent in November), amid lower cost in production, transportation and supply of electricity which partly offset the rise in oil prices. Prices also decreased for intermediate goods (-1.4 percent vs -1.8 percent), in particular basic chemicals, compounds nitrogen, fertilizers, plastics and synthetic rubber. In contrast, inflation edged up for both capital (1.1 percent vs 1.0 percent) and consumer goods (1.6 percent vs 1.1 percent). On a monthly basis, producer prices went down 0.5 percent, the same pace as in the previous month.
2020-01-24
Spain Producer Price Deflation Eases in November
Spain's producer prices fell 2.3 percent year-on-year in November 2019, following a 2.8 percent drop in the previous month, as energy prices declined at a softer rate (-7.0 percent vs -8.2 percent). Meanwhile, intermediate goods deflation was little-changed at 1.8 percent (vs -1.7 percent in October), while cost rose faster for both capital (1.0 percent vs 0.9 percent) and consumer goods (1.1 percent vs 0.9 percent). On a monthly basis, producer prices were down 0.5 percent, reversing a 0.5 percent advance in October.
2019-12-23
Spain Producer Prices Fall for 5th Month
Spain's producer prices decreased 2.8 percent year-on-year in October 2019, following a 3.3 percent fall in the previous month. It was the fifth consecutive month of decline in producer prices, though at a slightly slower pace. Prices fell for energy (-8.2 percent vs -10 percent in September) and intermediate goods (-1.8 percent vs -1 percent) while advanced for consumer goods (0.9 percent vs 0.7 percent) and capital goods (0.9 percent vs 1 percent). On a monthly basis, producer prices went up 0.5 percent, after increasing 0.1 percent in the previous month.
2019-11-25

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.