Spain Inflation Rate Unchanged At Nearly 3-Year High


Spain's consumer prices are expected to advance 0.7 percent year-on-year in November 2016, the same as in the previous month and beating market expectations of 0.5 percent growth. It was the third straight month of gains and the highest inflation rate since August 2013.

On a monthly basis, consumer prices increased by 0.3 percent, following a 1.1 percent jump the previous month.

Spanish EU-harmonised consumer prices rose by 0.5 percent year-on-year in November, in line with markets forecast and unchanged from October. Compared with October 2016, harmonised consumer prices went up by 0.3 percent after climbing by 0.8 percent the previous month.

Spain Inflation Rate Unchanged At Nearly 3-Year High


INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/29/2016 8:29:42 AM