According to a preliminary estimate released by the National Statistical Institute on 28 October, annual inflation inched down from 3.1% in September to 3.0% in October. Detailed data for September showed consumer prices increasing 0.2% over the previous month, which was faster than the 0.1% increase in August. The monthly increase was mainly the result of higher prices for clothing and footwear. The core inflation index, which does not include prices for unprocessed food and energy, rose 0.2% in September over the previous month, which followed an increase of the same magnitude in August. The annual core inflation rate inched up to 1.7% in September.
Inflation eases in October
October 28, 2011
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Spain Economic News
October 27, 2016
Unemployment in Spain fell to 18.9% in the third quarter, which beat both the 20.0% figure recorded in the previous quarter and the 19.3% reading the market had expected.
October 7, 2016
In August, industrial production expanded 4.0% from the same month last year in working-day adjusted terms.
October 5, 2016
The Markit Purchasing Managers’ Index (PMI) Composite Output Index came in at 54.1 in September, which was slightly below August’s 54.8 reading.
September 30, 2016
Spain’s current account balance incurred a surplus of EUR 3.0 billion in July, which was above the EUR 2.7 billion surplus recorded in the same month of last year and marked the highest reading since December 2014.
September 29, 2016
In August, retail sales rose 4.9% over the same month last year as the discount season drew to an end.