Spain's producer prices declined at a slower annual pace for a second straight month in June, data from the statistical office INE showed Tuesday.

The producer price index decreased 4.7 percent year-on-year following a 5.6 percent fall in May. In April, the measure dropped 6 percent.

Excluding energy, the decline was 0.7 percent after a 1 percent drop in the previous month.

Compared to the previous month, the producer price index rose 1.8 percent in June after a 0.8 percent climb in the previous month - rtt.