(Breaks down data, adds background)
Feb 24 (Reuters) - Spanish industrial production prices
rose 8.2% in the 12 months through January, more than 6
percentage points below the December figure, the National
Statistics Institute (INE) said on Friday.
The number compared with a revised 14.9% increase in the 12
months through December. The industrial 12-month production
price increase in January was the slowest since March 2021, when
it was 6.4%.
The 12-month index peaked at 47% in March 2022.
Industrial prices fell 2% in January from December, INE
said. The drop was primarily due to a fall in energy prices,
which were almost 8.8% lower than in the previous month.
Companies tend to pass on industrial price rises to
customers, ultimately fuelling inflation.
The 12-month inflation in the period through January was
5.9%, down from a peak of 10.8% in July 2022, INE said last
week, though core inflation, which strips out volatile fresh
food and energy prices, was 7.5%.
(Reporting by Marta Serafinko; Editing by Inti Landauro)
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