Spanish Inflation Rate Holds Steady at 1.6% in November



Spanish consumer prices are expected to rise by 1.6 percent year-on-year in November 2017, the same pace as in the previous month and in line with market expectations. The biggest upward pressure came from higher prices of fuels, particularly diesel and gasoline.

On a monthly basis, consumer prices are expected to increase by 0.4 percent, easing from a 0.9 percent jump in October.

The EU-harmonised index is expected to rise by 1.7 percent compared to a year earlier in November, the same pace as in October and below market expectations of 1.9 percent. Compared to the previous month, the index is expected to rise by 0.3 percent after an increase of 0.6 percent in October.

Spanish Inflation Rate Holds Steady at 1.6% in November


INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/29/2017 8:12:15 AM