FX.co ★ Spain's PPI Bounces Back to Positive Territory in September After a Year of Decline

Spain's Producer Price Index (PPI) has shown a positive uptick in September 2025, marking the first increase since a prolonged period of decline. Data updated on October 24, 2025, indicates a shift in the economic landscape with the PPI reaching 0.3%, a recovery from the -1.5% recorded in August 2025.

This year-over-year comparison highlights a significant rebound for the Spanish economy, suggesting that inflationary pressures at the producer level are leveling out and potentially signaling positive growth in manufacturing costs. The shift to a positive PPI could indicate improved market conditions, with stabilizing prices for goods and services at the production level feeding through to the broader economy.

These developments come after a prolonged period of negative indicators, creating an air of cautious optimism among market observers and economists alike. As businesses and consumers navigate this change, the latest data will be pivotal for economic forecasting and policy-making in Spain. With September’s figures now incorporated, stakeholders will be keenly focused on upcoming months to assess if this positive trend will persist and bolster overall economic recovery.