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||0.07||5.62 %||Sep 03|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||8,857||-0.74 %||Sep 04|
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September 11, 2019
Industrial production rose 0.8% year-on-year in seasonally- and calendar-adjusted terms in July, moderating from June’s 1.6% increase.
September 4, 2019
Largely reflecting faster growth in the services sector, the IHS Markit composite Purchasing Managers’ Index (PMI) rose to 52.6 in August from 51.7 in July, which had marked the lowest print in nearly six years.
August 30, 2019
Spain’s current account balance recorded a surplus of EUR 2.1 billion in June, well above the EUR 1.5 billion surplus recorded in June 2018 but below the EUR 2.7 billion surplus logged in May.
August 30, 2019
Retail sales rose a strong 4.7% year-on-year in July, following the revised 0.4% increase logged in June (previously reported: +0.3% year-on-year) and marking a nine-month high.
August 26, 2019
Negotiations to form a government drag on nearly four months after the general election.