Spain Inflation Rate Steady At 3% In February


Spanish consumer prices are expected to increase 3 percent year-on-year in February of 2017, the same as in the previous month and below market expectations of 3.3 percent, preliminary estimates showed. Electricity cost rose at a slower pace.

On a monthly basis, consumer prices fell 0.3 percent following a 0.5 percent drop in January.

The EU-harmonised index rose by 3 percent year-on-year in February, beating expectations of a 2.9 percent increase and higher than 2.9 percent in January. The monthly rate fell 0.3 percent after climbing by 1 percent in the previous month. 

Spain Inflation Rate Steady At 3% In February


INE | Deborah Neves | deborah.neves@tradingeconomics.com
2/27/2017 8:44:48 AM