Spanish Inflation Rate Rises to 4-Month High in September


Spanish consumer prices are expected to rise by 1.8 percent year-on-year in September 2017 after an increase of 1.6 percent in the previous month, in line with market expectations. It was the highest inflation rate since May, mainly due to rising prices of food and non-alcoholic beverages.

On a monthly basis, consumer prices are expected to increase by 0.2 percent, the same pace as in August.

The EU-harmonised index is expected to rise by 1.9 percent compared to a year earlier in September, following a 2 percent gain in August and missing market expectations of 2 percent. Compared to the previous month, the index is expected to rise by 0.6 percent after an increase of 0.2 percent in August.

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
9/28/2017 7:11:45 AM