Spain Export, Import Prices Fall In November

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Spanish export prices dropped 1.7% year-on-year in November, slowing from the 3.5% decrease in the previous month, Madrid-based National Statistics Institute reported on Tuesday.

By economic destination of goods, export prices dropped 1.4% annually for consumer goods and down 5.1% for intermediate goods.

Meanwhile, import prices registered a decrease of 3.1% in November compared to a year ago. That came after a 7.2% decline in October.

On a monthly basis, export and import prices increased 0.3% and 0.6%, respectively.

Spanish export prices dropped 1.7% year-on-year in November, slowing from the 3.5% decrease in the previous month, Madrid-based National Statistics Institute reported on Tuesday. (Market News Provided by RTTNews)