Spain Deflation Slows to 0.1% in August

Consumer prices in Spain are expected to decline 0.1 percent year-on-year in August of 2016, following a 0.6 percent drop in August, preliminary estimates showed. It is the thirteenth consecutive month of no growth in consumer prices although August's decrease was the lowest in eight months.
INE | Yekaterina Guchshina | yekaterina@tradingeconomics.com 8/30/2016 8:28:17 AM
Main upward pressure came from rising electricity prices while fuel cost decreased at a slower pace.

On a monthly basis, consumer prices edged up 0.1 percent.

The harmonized index dropped 0.3 percent year-on-year, compared to a 0.7 percent fall in July and in line with market expectations. The monthly index was flat after falling 1.3 percent in the previous month.

 Spain Deflation Slows to 0.1% in August