Spanish Inflation Rate Slows in January

In January of 2014, Spanish national CPI eased to 0.2 percent, down from 0.3 percent in the last month of 2013, remaining well below European Central Bank target.

Preliminary estimates released by the National Statistical Office showed the inflation rate slowed in the first month of 2014 due to lower prices of fuels and lubricants.

From December to January, prices are expected to fall 1.3 percent, the lowest rate in twelve months.

The European Union-harmonized CPI rose by an annual 0.3 percent, the same rate recorded in December.

Spanish Inflation Rate Slows in January

INE | Joana Taborda |
1/31/2014 9:54:05 AM