Producer prices in Spain jumped 18 percent year-on-year in August of 2021, quickening from a 15.6 percent hike in the previous month. It was the fastest producer price inflation since May of 1980, primarily due to surging prices of energy (41.6 percent vs 34.2 percent in July) and intermediate goods (16.1 percent vs 14.9 percent). Additionally, upward pressure was slightly stronger in capital goods (2.4 percent vs 2.2 percent) but softer in consumption goods (3.8 percent vs 4.0 percent). On a monthly basis, producer prices advanced 1.9 percent, compared to an upwardly revised 2.0 percent gain in July. source: National Statistics Institute (INE)

Producer Prices Change in Spain averaged 4.86 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 October of 2021.

Producer Prices Change in Spain is expected to be 18.80 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.

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Spain Producer Prices Change


Calendar GMT Actual Previous Consensus TEForecast
2021-06-25 07:00 AM May 15.3% 13% 14.2%
2021-07-26 07:00 AM Jun 15.4% 15.2% 15.1%
2021-08-25 07:00 AM Jul 15.3% 15.4% 15.20%
2021-09-27 07:00 AM Aug 18% 15.6% 14.7%
2021-10-26 07:00 AM Sep 18% 18.8%
2021-11-25 08:00 AM Oct
2021-12-22 08:00 AM Nov


News Stream
Spain Producer Inflation Rises to Over 41-Year High
Producer prices in Spain jumped 18 percent year-on-year in August of 2021, quickening from a 15.6 percent hike in the previous month. It was the fastest producer price inflation since May of 1980, primarily due to surging prices of energy (41.6 percent vs 34.2 percent in July) and intermediate goods (16.1 percent vs 14.9 percent). Additionally, upward pressure was slightly stronger in capital goods (2.4 percent vs 2.2 percent) but softer in consumption goods (3.8 percent vs 4.0 percent). On a monthly basis, producer prices advanced 1.9 percent, compared to an upwardly revised 2.0 percent gain in July.
2021-09-27
Spain Producer Inflation Highest since 1983
Producer prices in Spain increased 15.3 percent year-on-year in July of 2021, little changed from a 15.4 percent jump in June, which was the steepest since October of 1983. It was the seventh straight month of increases in producer prices. Costs continued to rise markedly for energy (33.5 percent vs 35.2 percent in June); intermediate goods (14.9 percent vs 13.7 percent) and consumer goods (3.8 percent vs 4.4 percent). On a monthly basis, producer prices went up 1.7 percent, following a 2.2 percent rise in the previous month.
2021-08-25
Spain Producer Inflation Highest since 1983
Producer prices in Spain increased 15.4 percent year-on-year in June of 2021, accelerating for the 4th straight month and rising the most since October of 1983. Biggest increases were seen in prices of energy (35.2 percent) and intermediate goods (13.7 percent) while a low base effect from last year continues to weigh. Excluding energy, producer prices were up 7.6 percent.
2021-07-26
Spain Producer Prices Rise the Most Since 1983
Spain's producer price inflation climbed to 15.3 percent year-on-year in May of 2021, the most since November of 1983, accelerating from an upwardly revised 13 percent rise in April. Main upward pressure came from energy prices (37.6 percent vs 33.7 percent in April), which surged the most since December 1981, due to the rising cost of oil refining and gas production. Costs also advanced faster for intermediate goods (12.8 percent vs 10.1 percent); consumer goods (4 percent vs 2.7 percent) and capital goods (1.8 percent vs 1.6 percent). On a monthly basis, producer prices rose 1.6 percent, after a 3 percent increase in the prior month.
2021-06-25

Spain Last Unit Reference Previous Highest Lowest
Inflation Rate 4.00 percent Sep/21 3.30 28.43 -1.37
Inflation Rate Mom 0.80 percent Sep/21 0.50 4.58 -1.90
Harmonised Consumer Prices 107.87 points Sep/21 106.65 107.87 53.60
Consumer Price Index CPI 107.89 points Sep/21 107.00 107.89 1.83
Core Inflation Rate 1.00 percent Sep/21 0.70 27.10 -0.10
Core Consumer Prices 104.33 points Sep/21 103.97 104.73 9.42
Producer Prices 116.90 points Aug/21 114.70 116.90 12.60
Producer Prices Change 18.00 percent Aug/21 15.60 24.60 -8.80
Food Inflation 1.80 percent Sep/21 1.90 7.20 -2.75
CPI Transportation 114.27 points Sep/21 113.74 114.27 71.87
CPI Housing Utilities 116.69 points Sep/21 112.71 116.69 66.03


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.