2019.09.2507:01:00UTC+00Spain Producer Prices Fall For The Third Month

Spain's producer prices declined for the third straight month in August, figures from the statistical office INE showed on Wednesday.

The producer price index declined 2.5 percent year-on-year in August, following a 0.7 percent fall in July. In June, prices decreased 0.9 percent.

Excluding energy, producer price inflation remained unchanged in August, after a 0.2 percent rise in the previous month.

Prices for energy declined 7.8 percent annually in August and those of intermediate goods and non-durable goods decreased by 0.8 percent and 0.3 percent, respectively.

On a monthly basis, producer prices fell 1.5 percent in August, after a 0.7 percent rise in the previous month.