Detailed data for October showed consumer prices increasing 0.8% over the previous month, which was markedly faster than the 0.2% increase in September. The monthly increase was mainly the result of higher prices for clothing and footwear as well as housing. Despite the pronounced price increase in October, annual inflation inched down from 3.1% in September to 3.0% in October, which corroborated the preliminary estimate released by the Statistical Institute on 28 October. The core inflation index, which does not include prices for unprocessed food and energy, rose 1.0% in October, which followed a 0.2% increase in September and marked the largest monthly increase since April. Nevertheless, annual core inflation remained unchanged at September's 1.7% rate.
Inflation inches down in October
November 15, 2011
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Spain Economic News
October 28, 2016
The Spanish economy fared remarkably well in another quarter marked by heightened political uncertainty.
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.