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Spain's producer prices declined for the first time since late 2016 in June, data from the statistical office INE showed Thursday.
Producer prices dropped 0.6 percent year-on-year in June, following a 1.2 percent rise in May. This was the first decline since September 2016, when prices slid 2 percent.
Excluding energy, producer price inflation eased to 0.2 percent in June from 0.3 percent in the previous month.
On a monthly basis, producer prices decreased 0.8 percent in June after staying flat in May. Prices fell the most since last December.