Spain Producer Prices February 2008

According to the INE data released earlier this week, producer prices in Spain were increasing at a year on year rate 6.6% in February, a very hefty clip, especially given the rate at which the economy seems to be decelerating.



The General Industrial Price Index registered an increase of 6.6% in February 2008 with respect to the previous year. The activities that most influenced this variation were Food and beverage products industry (11.0%) and Manufacture of coke and refined petroleum products (25.3%).