Spain Annual Inflation Rate Steady at 2.2% in September


The annual inflation rate in Spain was at 2.2 percent in September of 2018, unchanged from the previous month and matching market expectations, the preliminary estimate showed. Main upward pressure came from cost of food and non-alcoholic beverages and electricity.

On a monthly basis, consumer prices are expected to rise 0.2 percent, following a 0.1 percent gain in August.

The EU-harmonised index went up 2.2 percent year-on-year, the same pace as in the prior month and below market forecasts of 2.3 percent, the preliminary figure showed. Compared to the previous month, the index is expected to increase 0.6 percent, following a 0.1 percent rise in August and lower than market consensus of 0.75 percent.

Spain Annual Inflation Rate Steady at 2.2% in September


INE | Stefanie Moya | stefanie.moya@tradingeconomics.com
9/28/2018 7:14:18 AM