Spain March Inflation Rate Weaker than Expected


Spain's consumer price inflation is expected to pick up to 1.2 percent year-on-year in March 2018 from 1.1 percent in the previous month, but missing market expectations of 1.5 percent. Upward pressure should come from food and non-alcoholic beverages, and tourist services due to Holy Week.

On a monthly basis, consumer prices should rise by 0.1 percent in March, the same pace as in February.

The harmonized consumer price index is expected to increase by 1.3 percent year-on-year (vs 1.2 percent in February) and to jump by 1.2 percent from the previous month (vs 0.1 percent in February).

Spain March Inflation Rate Weaker than Expected


INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
3/27/2018 7:12:42 AM