Producer price inflation in Spain rose in February for the first time in 5 months

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In Spain, in February, an increase in producer price inflation was recorded for the first time in the last 5 months. According to INE statistics, producer prices rose 1.9% in annual terms last year. In January and December, there was an increase by 1.7%. In September, Spain recorded the maximum annual growth in producer prices by 5.8%. Inflation in producer prices, not taking into account the cost of energy, amounted to 0.1%, slowing from 0.3% in January. Energy prices rose by 5.8% compared to February 2018. The cost of intermediate goods decreased by 0.9%. Non-durable goods fell by 1%. Compared to January, producer prices in February rose by 0.2% after a January increase by 0.1%.

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