Spain's producer prices declined for the third straight month in January, driven by the sharp decline in energy prices, the statistical office INE said Wednesday.
Producer prices fell 2.9 percent year-on-year in January, following December's 3.0 percent decrease. This was the third straight month of decline.
Data showed that energy prices registered a double-digit decline of 10.6 percent in January. Meanwhile, prices of capital and consumer goods grew 2.0 percent and 1.0 percent, respectively. Prices of intermediate goods gained 0.2 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.