Extracted Insight:

  • Spanish industrial prices increased 8.3% year‑on‑year in the 12 months through April, the steepest rise since December 2022 (14.9%).
  • The acceleration was driven by higher oil‑refining and basic chemicals prices, according to the National Statistics Institute (INE).
  • On a monthly basis, industrial prices rose 1.7% in April versus March.
  • INE revised the March year‑on‑year increase down to 3.1% from an initially reported 3.4%.