Spain’s producer prices declined in July, albeit at a softer pace, data from the statistical office INE showed on Tuesday.
The producer prices index fell 4.8 percent year-on-year in July, following a 5.9 percent decline in June.
Excluding energy, producer price decreased 0.6 percent in July, after a 0.8 percent fall in the previous month.
Prices for energy declined 13.7 percent annually in July and intermediate goods prices decreased 2.2 percent.
Meanwhile, non-durable consumer goods prices rose 0.4 percent.
On a monthly basis, producer prices increased 1.8 percent in July, after a 2.0 percent rise in the prior month.
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