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The Spanish statistical office INE released its producer price index (PPI) data for Spain on Tuesday. The Spanish producer prices rose 0.1% in July, after a 0.9% increase in June.
On a yearly basis, producer price inflation in Spain fell 1.3% in July, after a 1.3% decline in June. Producer prices have been declining since July 2014.
Producer prices excluding energy climbed 0.7% year-on-year in July, after a 0.7% rise in June.
Energy prices dropped 7.0% in July.
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