Spain Inflation Rate Rise the Most in Over 3 Years


Consumer prices in Spain are expected to rise 0.7 percent year-on-year in Octoberber of 2016, following a 0.2 percent rise in September while market expected a 0.3 percent gain. It is the second straight month of increase and the highest figure since August 2013, mostly due to a rise in prices of fuel and electricity.

On a monthly basis, consumer prices rose 1.1 percent, compared to a flat growth in a month earlier.

The harmonized index increased 0.5 percent year-on-year, after remaining unchanged in September and beating market consensus of a 0.2 percent increase. The monthly index increased by 0.8 percent, slowing slightly from a 0.7 percent rise in September and below estimates of a 0.7 percent increase.

Spain Inflation Rate Rise the Most in Over 3 Years


Ineel Rida Husna | rida@tradingeconomics.com
10/28/2016 8:02:02 AM