Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain November Producer Prices Decline Most in Seven Months

Source: Bloomberg - Mon 23rd Dec 2013
Spain November Producer Prices Decline Most in Seven Months

Spanish producer prices fell the most in seven months in November, led by declines in energy and consumer goods.

Prices at factory gates declined 0.9% from October, when they dropped a revised 0.5%, the National Statistics Institute said in an e-mailed statement. Prices slipped 0.6% compared with a year earlier.

The Spanish government is trying to drive down the cost of export goods to boost competitiveness as it looks to foreign demand to drag the economy out of a 5-year slump. Gross domestic product rose for the the first time since 2011 in Q3 and exports jumped an annual 8.3% in September.