The Spanish statistical office INE released its producer price index (PPI) data for Spain on Wednesday. The Spanish producer prices decreased 0.1% in April, after a 0.6% rise in March.

On a yearly basis, producer price inflation in Spain fell 6.1% in April, after a 5.4% decline in March. It was the biggest drop since July 2009

Producer prices have been declining since July 2014.

Energy prices slid 10.9% year-on-year in April, capital goods prices rose 0.7%, and consumer goods prices were flat, while intermediate goods prices declined 2.8%.