Inflation in Spain
Spain - Inflation
Inflation eases in May
According to a preliminary estimate released by the National Statistical Institute (INE) on 30 May, annual inflation eased from 2.1% in April to 1.9% in May. INE will release a complete set of data on 13 June. Detailed data for April showed consumer prices jumping 1.4% over the previous month, which doubled the 0.7% rise recorded in March. The monthly rise was mainly the result of a sharp increase in prices for clothing and footwear as well as for alcoholic beverages and tobacco. The core inflation index, which does not include prices for unprocessed food and energy, added 1.2% over the previous month, up from the 0.5% rise recorded in March. Despite the sharp increase, annual core inflation inched down from 1.2% in March to 1.1% in April, its lowest level in 19 months.
Spain - Inflation Data
|Inflation Rate (CPI, annual variation in %)||1.4||-0.2||-0.5||-0.2||2.0|
5 years of economic forecasts for more than 30 economic indicators.
Spain Inflation Chart
Source: National Statistical Institute (INE).
|Bond Yield||1.44||5.62 %||Jan 11|
|Exchange Rate||1.15||0.65 %||Jan 14|
|Stock Market||8,819||-0.74 %||Jan 14|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
January 11, 2019
Industrial production declined 2.6% year-on-year in seasonally- and calendar-adjusted terms in November, contrasting October’s revised 0.7% increase (previously reported: +0.8% year-on-year) and marking the sharpest contraction since May 2013.
January 4, 2019
Reflecting weaker activity growth in the manufacturing sector, the IHS Markit composite Purchasing Managers’ Index (PMI) edged down from 53.9 in November to 53.4 in December.
January 3, 2019
Robust momentum was maintained in the third quarter of the year, according to a second GDP estimate released by the National Statistical Institute (INE) on 28 December.
December 28, 2018
Spain’s current account balance recorded a surplus of EUR 294 million in October, a marked decline from the EUR 1.9 billion surplus recorded in October 2017 and well below the EUR 696 million surplus logged in September.
December 28, 2018
According to data published by the Ministry of Public Works (Ministerio de Fomento), the Spanish Board of Architects (Colegio de Arquitectos Técnicos) granted 8,583 new construction permits in October.