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Spain March Producer Price Inflation Slows Slightly

Spain's producer price inflation slowed slightly to 3.3 percent annually in March from 3.4 percent in February, the statistical office INE said Wednesday. Meanwhile, monthly growth rose to 0.8 percent from 0.6 percent a month ago.

Annual increase in consumer goods prices slowed to 1.7 percent from 1.9 percent. Likewise, durable consumer goods price growth eased to 1.6 percent from 1.9 percent.

The capital goods price growth as well as intermediate goods inflation fell to 0.7 percent and 1 percent, respectively. At the same time, energy price inflation remained stable at 9.5 percent.

by RTTNews Staff Writer

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