Spain Inflation Rate Slows to 1.1% in April


Consumer prices in Spain are expected to increase 1.1 percent year-on-year in April of 2018 from 1.2 percent in the previous month and slightly below market consensus of a 1.2 percent. Cost rose at a softer pace mainly due to a slowdown in tourist packages and gas prices, the preliminary figures showed.

On a monthly basis, consumer prices are expected to advance 0.8 percent, easing from a 1.2 percent gain in the prior month.

The EU-harmonised index edged up 1.1 percent year-on-year after a 1.3 percent rise in March, the preliminary estimates recorded. Compared to the previous month, the index is expected to jump 0.8 percent, following a 1.2 percent in March.

Spain Inflation Rate Slows to 1.1% in April


INE | Stefanie Moya | stefanie.moya@tradingeconomics.com
4/27/2018 7:26:45 AM