Spain's industrial prices rise 8.3% year-on-year in April, fastest since December 2022

Spanish industrial prices rose 8.3% in the 12 months through April following a revised 3.1% increase in the 12 months through March, the National Statistics Institute (INE) said on Tuesday.

April's increase was the largest since December 2022, when it hit 14.9%, INE data showed. The rise was mainly driven by higher oil refining and basic chemicals prices.

INE revised down the March figure from an initial 3.4% increase.

Companies tend to pass on industrial price rises to customers, ultimately fuelling inflation.

Industrial prices rose 1.7% in April from March, INE said.

(Reporting by Mireia Merino; Editing by David Latona)

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This story was originally published May 26, 2026 at 12:10 AM.