Spain’s industrial prices rise 0.9% year-on-year in November


MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months through October, the National Statistics Institute (INE) said on Thursday.
MADRID (Reuters) – Spanish industrial prices rose 0.9% in the 12 months through November, after a 3.9% decrease in the 12 months through October, the National Statistics Institute (INE) said on Thursday.
Industrial prices rose 2.7% in November from October, INE said.
(Reporting by Inti Landauro; Editing by Alexandra Hudson)
Industrial price refers to the cost of goods produced in the manufacturing sector, which can fluctuate based on supply and demand, production costs, and economic conditions.
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. It is typically measured by the Consumer Price Index (CPI).
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