Spanish Deflation Eases Slightly

Consumer prices in Spain are expected to fall 0.7 percent year-on-year in March of 2015, less than a 1.1 percent drop in February.

Preliminary figures for March came better than market expectations due to an increase in gasoline and diesel prices. Yet, the inflation rate has been negative since July of 2014.

On a monthly basis, consumer prices rose 0.6 percent in March, the highest increase since April of 2014.

The harmonized index is expected to increase to an annual -0.7 percent from -1.2 percent and a monthly 2.0 percent.

Spanish Deflation Eases Slightly

Joana Taborda |
3/30/2015 9:48:50 AM