The Spanish statistical office INE released its producer price index (PPI) data for Spain on Monday. The Spanish producer prices dropped 0.9% in September, after a 1.7% fall in August.
On a yearly basis, producer price inflation in Spain fell 3.6% in September, after a 2.2% decline in August. Producer prices have been declining since July 2014.
Producer prices excluding energy climbed 0.4% year-on-year in September, after a 0.6% rise in August.
Energy prices slid 14.2% year-on-year in September.