Spain October Inflation Rate Steady at 3-Year Low


The annual inflation rate in Spain was at 0.1 percent in October 2019, unchanged from the previous month and above market expectations of a flat reading, a preliminary estimate showed. It remained the lowest inflation rate since September 2016, amid a slowdown in cost of gas & fuels while electricity prices rose further.

On a monthly basis, consumer prices are expected to advance 1 percent in October, following a flat reading in September. 

The EU-harmonised index should rise 0.2 percent year-on-year, unchanged from the prior month and in line with market forecasts. Compared to the previous month, the index is likely to increase 0.6 percent, after a 0.4 percent gain in September and matching expectations.

Spain October Inflation Rate Steady at 3-Year Low


INE | Stefanie Moya | stefanie.moya@tradingeconomics.com
10/30/2019 9:14:39 AM