Spain's producer price inflation rose to an all-time high of 33.1 percent year-on-year in November of 2021, from an upwardly revised 32 percent in October, reflecting strong inflationary pressure across Europe. Prices accelerated across all categories: energy products (88.3 percent vs 87.3 percent in October), intermediate goods (20.5 percent vs 19 percent), consumer goods (4.5 percent vs 4 percent), and capital goods (3.1 percent vs 2.7 percent). On a monthly basis, producer prices rose 1.8 percent in November, following a 6.1 percent advance in October. source: National Statistics Institute (INE)
Producer Prices Change in Spain averaged 5 percent from 1976 until 2021, reaching an all time high of 33.10 percent in November of 2021 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 January of 2022.
Producer Prices Change in Spain is expected to be 32.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Producer Prices Change is projected to trend around 2.80 percent in 2022 and 1.90 percent in 2023, according to our econometric models.