Spain Inflation Rate Slows to 1.6% in October


Consumer prices in Spain are expected to rise 1.6 percent year-on-year in October of 2017, easing from a 1.8 percent gain in September and missing market expectations of 1.7 percent. Cost of fuels, namely diesel and gasoline advanced at a softer pace.

On a monthly basis, consumer prices are expected to went up 0.9 percent after a 0.2 percent increase in September.

The EU-harmonized index is expected to advance 1.7 percent compared to a year ago, following a 1.8 percent rise in September and matching market expectations. Compared to the previous month, the index is expected to increase 0.6 percent.

INE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
10/30/2017 8:26:04 AM