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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SPAIN DATA
MNI (London)
SPAIN APR PPI +1.6% M/M, +45.0% Y/Y, MAR +47.0%r Y/Y
- Spanish PPI slowed by two points to a near-record high of +45.0% y/y in April. This is the first deceleration in year-on-year PPI since February 2021, where levels were back around 0.6% y/y.
- Energy prices accounted for the bulk of the slowdown, softening 17.5pp in April to +119.0% y/y and down -0.6% m/m.
- Intermediate and non-durable goods' prices continued to climb, causing core factory-gate inflation to rise 1.9 points to +15.6% y/y in April. This is a fresh post-April 1980 high.
Source: INE
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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