Spain's producer prices increased for the first time in five months in March amid higher energy costs, data released by the statistical office INE showed on Friday.
Producer prices climbed 3.4 percent year-on-year in March, reversing February's 6.9 percent decline, which was the biggest fall since March 2024.
The annual increase was driven by a 7.9 percent renewed surge in energy prices versus a 22.1 percent plunge in February. This evolution was mainly due to the increase in prices for the production, transmission, and distribution of electricity and oil refining.
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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.