Spain Inflation Rate at 4-Month High of 1.3%


The inflation rate in Spain is seen rising to 1.3 percent in March of 2019 from 1.1 percent in February and compared to market expectations of 1.1 percent. It is the highest inflation rate in four months, mainly due to a rise in fuel cost. Also, electricity prices fell less this month than in 2018.

On a monthly basis, consumer prices are set to advance 0.4 percent, after rising 0.2 percent in February.

The EU-harmonised index is expected to increase 1.3 percent year-on-year, following a 1.1 percent gain in the prior month and below market expectations of 1.5 percent. Compared to the previous month, the index is seen jumping 1.4 percent after a 0.2 percent rise in the previous month. 

Spain Inflation Rate at 4-Month High of 1.3%


INE | Joana Taborda | joana.taborda@tradingeconomics.com
3/28/2019 8:20:57 AM