Spain's industrial producer prices slip in August

Spanish industrial sector producer prices fell in August dropping for the first time in a four-month period, a report released by the statistical office Ine published on Wednesday. According to the report, the producer price index slipped 0.1% on a yearly basis in August after a 1.2% gain recorded in the prior month, while on a sequential basis, the PPI dropped 0.1% in August following a 0.9% gain in July.