Spain Inflation Rate at 2-1/2-Year High

Consumer prices in Spain are expected to rise 0.3 percent year-on-year in September of 2016, following a 0.1 percent decline in August. It is the first gain in consumer prices in 14 months and the biggest increase since April of 2014.

The increase in the inflation rate is mostly due to a rise in prices of fuel and electricity. 

On a monthly basis, consumer prices edged up 0.1 percent, the same as in August.

The harmonized index increased 0.1 percent year-on-year, compared to a 0.3 percent fall in August and lower than market expectations of a 0.2 percent rise. The monthly index jumped 0.8 percent after being flat in the previous month. 

Spain Inflation Rate at 2-1/2-Year High

INE | Joana Taborda |
9/29/2016 7:56:31 AM