Spanish industrial prices rise 8.3 percent in April
Spanish industrial prices rose 8.3% year-on-year in April, the fastest pace since late 2022. The increase was driven by higher oil refining and chemical costs.
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Spain industrial prices rose 8.3% year-on-year in April, the fastest pace of growth since late 2022. This follows a revised 3.1% increase in March from an initial 3.4%. Rising factory-gate costs signal intensifying inflationary pressure as producers pass higher expenses to consumers.
