Spain Annual Inflation Rate Steady at 2.2% in August


The annual inflation rate in Spain rose 2.2 percent in August of 2018, unchanged from the previous month and in line with market expectations, the preliminary estimate showed. Main upward pressure came from higher cost of electricity.

On a monthly basis, consumer prices are expected to increase 0.2 percent, following a 0.7 percent fall in July.

The EU-harmonised index went up 2.2 percent year-on-year, easing from a 2.3 percent gain in the prior month and slightly below market consensus of 2.3 percent, the preliminary figures showed. Compared to the previous month, the index is expected to rise 0.1 percent, after a 1.2 percent decrease in July. 

Spain Annual Inflation Rate Steady at 2.2% in August


INE | Stefanie Moya | stefanie.moya@tradingeconomics.com
8/30/2018 7:19:13 AM