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The Spanish statistical office INE released its producer price index (PPI) data for Spain on Monday. The Spanish producer prices dropped 0.7% in December, after a 0.1% fall in November.
On a yearly basis, producer price inflation in Spain fell 2.2% in December, after a 2.6% decline in November. Producer prices have been declining since July 2014.
Energy prices slid 7.9% year-on-year in December.
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