Spanish producer prices in negative territory, falling -1% in March

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BancaMarch : In Spain, industrial prices have moved into negative territory. The base effect of energy prices, as oil and gas are now starting to be bought with the prices after the invasion of Ukraine, have facilitated this moderation in production costs. Specifically, the industrial producer price index recorded a fall of -1% year-on-year in March compared with growth of +8% in the previous month. These data point to a slowdown in the upward pressure on production costs.

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.