Spain's producer prices fell at a slower pace in January, declining 3.8% annually (INE).

Spain's producer prices fell at a slower pace in January, declining 3.8% annually, according to data from the statistical office INE. This marks the slowest decrease since March 2022. Excluding energy, producer price inflation softened to 0.2% from 1.1% in the previous month. Month-on-month, producer prices gained 0.2%, contrasting with the 0.3% fall in December.

February 26, 2024
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