Spain Inflation Rate At Near 3-1/2-Year High Of 1.5%


Consumer prices in Spain are expected to increase 1.5 percent year-on-year in December of 2016, following a 0.7 percent gain in the previous month. It is the fourth straight month of rising consumer prices and the highest inflation rate since August of 2013, boosted by a surge in fuel prices, namely diesel in gasoline.

On a monthly basis, consumer prices increased by 0.6 percent, following a 0.4 percent gain the previous month.

The EU-harmonised index rose by 1.4 percent year-on-year in December, beating expectations of a 0.9 percent increase and higher than 0.5 percent in November. The monthly rate also went up to 0.5 percent from 0.2 percent. 

Spain Inflation Rate At Near 3-1/2-Year High Of 1.5%


INE | Joana Taborda | joana.taborda@tradingeconomics.com
12/30/2016 8:51:30 AM