Spain's producer price inflation jumped to 6.3 percent year-on-year in March 2021, the highest since February 2017, boosted by upward pressure from energy products (12.2 percent vs -3.7 percent); intermediate goods (7.6 percent vs 4.6 percent); consumer goods (1.7 percent vs 1.0 percent); and capital goods (1.4 percent vs 1.2 percent). On a monthly basis, producer prices climbed 2.5 percent in March, recovering from a 1.7 percent drop in February. 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 May of 2021.
Producer Prices Change in Spain is expected to be 2.30 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 2.20 in 12 months time. In the long-term, the Spain Producer Prices Change is projected to trend around 2.00 percent in 2022 and 1.90 percent in 2023, according to our econometric models.