Spain Inflation Rate at 5-Month High in April


The annual inflation rate in Spain rose to 1.5 percent in April 2019 from 1.3 percent in the previous month and matching market expectations, a preliminary estimate showed. It is the highest inflation rate in five months mainly boosted by cost of tourist packages.

On a monthly basis, consumer prices are expected to increase 1 percent, after a 0.4 percent gain in March and slighlty below market forecasts of 1.1 percent rise. 

The EU-harmonised index is set to advance 1.6 percent year-on-year, following a 1.3 percent increase in the previous month and in line with market consensus. Compared to the prior month, the index is seeing rising 1.1 percent, after a 1.4 percent gain in March.

Spain Inflation Rate at 5-Month High in April


INE | Stefanie Moya | stefanie.moya@tradingeconomics.com
4/30/2019 7:44:38 AM