Spanish Inflation Rate Flat at 1.5% in July


Spanish annual inflation rate came in at 1.5 percent in July 2017, unchanged from the previous month's seven month low and in line with market expectations, the preliminary figure showed. Cost of food and non-alcoholic beverages was flat from the previous year while fuel prices dropped.

On a monthly basis, consumer prices are expected to fall 0.7 percent after showing no gain in June. 

The EU-harmonized index is expected to rise by 1.7 percent compared to a year earlier, following a 1.6 percent increase in June and above market expectations of 1.5 percent. Compared with June 2017, the index is expected to fall by 1.2 percent after rising by 0.1 percent in the previous month.

Spanish Inflation Rate Flat at 1.5% in July


INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/28/2017 7:23:18 AM