Spain Inflation Rate Highest Since 2012



Consumer prices in Spain are expected to rise 3 percent year-on-year in January of 2017, higher than a 1.6 percent increase in the previous month and beating market expectations of 2.3 percent. It is the highest inflation rate since October of 2012, boosted by rising prices of electricity and fuels, preliminary estimates showed.

On a monthly basis, consumer prices fell 0.5 percent following a 0.6 percent rise in December and marking the first drop in six months.

The EU-harmonised index rose by 3 percent year-on-year in December, beating expectations of a 2.4 percent increase and higher than 1.4 percent in December. The monthly rate also fell 0.9 percent after rising 0.5 percent in December. 

Spain Inflation Rate Highest Since 2012


INE | Joana Taborda | joana.taborda@tradingeconomics.com
1/31/2017 8:36:04 AM