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Spain’s industrial prices fall 5.2% year-on-year in September

Published by Uma Rajagopal

Posted on October 25, 2024

1 min read

· Last updated: January 29, 2026

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Graph illustrating Spain's industrial price decline of 5.2% year-on-year - Global Banking & Finance Review
This image shows a graph depicting the 5.2% year-on-year drop in Spain's industrial prices as reported by the National Statistics Institute, highlighting trends in the country’s economy and investment landscape.
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(Reuters) – Spanish industrial prices fell 5.2% in the 12 months through September, down from a revised 1.4% decrease in the 12 months through August, the National Statistics Institute (INE) said on Friday. INE revised down the year-on-year August price decline to 1.4% from an initial 1.3% decrease. On a monthly basis, industrial prices […]

(Reuters) – Spanish industrial prices fell 5.2% in the 12 months through September, down from a revised 1.4% decrease in the 12 months through August, the National Statistics Institute (INE) said on Friday.

INE revised down the year-on-year August price decline to 1.4% from an initial 1.3% decrease.

On a monthly basis, industrial prices fell 2.3% in September from August, INE said.

(Reporting by Natalia Siniawski, editing by David Latona)

Frequently Asked Questions

What are industrial prices?
Industrial prices refer to the prices charged for goods produced by industries. They can fluctuate based on supply and demand, production costs, and economic conditions.
What is year-on-year change?
Year-on-year change compares a statistic for one period with the same period in the previous year, providing insight into growth or decline over time.
What is the National Statistics Institute (INE)?
The National Statistics Institute (INE) is the official statistical agency of Spain, responsible for collecting and publishing data related to the country's economy, population, and society.
What is a monthly price index?
A monthly price index measures the average change in prices for a basket of goods and services over a month, reflecting inflation or deflation trends.

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