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The pace of decline in Spain's industrial producer prices eased in March, figures from the statistical office INE showed Friday.
Producer prices fell 1.2 percent year-on-year, following a 2.9 percent slump in February, which was the biggest fall since October 2009.
The latest annual decline is the smallest in four months.
Month-on-month, producer prices rose 0.2 percent in March, after a revised 0.8 percent fall in February. It was the first increase in three months.