According to a preliminary estimate released by the National Statistical Institute (INE) on 29 March, annual inflation inched down from 2.0% in February to 1.9% in March, its lowest level since September 2010. INE will release a complete set of data on 13 April. Detailed data for February showed consumer prices adding 0.1% over the previous month, which contrasted the 1.1% drop recorded in January. The monthly reading was mainly the result of higher prices for food and alcoholic beverages, which was nearly offset by lower prices for housing as well as for leisure. The core inflation index, which does not include prices for unprocessed food and energy, remained flat over the previous month, contrasting the 1.7% decline recorded in January. Annual core inflation inched down from 1.3% in January to 1.2% in February, its lowest level in over a year.
Inflation falls to 18-month low
March 29, 2012
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Spain Economic News
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.
September 29, 2016
In July, the Spanish Board of Architects (Colegio de Arquitectos Técnicos) granted 6,267 new construction permits, according to data published by the Ministry of Public Works (Ministerio de Fomento).