empty
 
 

2017.12.2903:28:00UTC+00Spain's Inflation Slows More Than Forecast

Spain's consumer price inflation slowed more than expected in December, according to flash data from the statistical office INE, released Friday.

Inflation eased to 1.2 percent in December from 1.7 percent in November. This was the lowest rate since November 2016. Inflation was forecast to slow moderately to 1.5 percent.

Month-on-month, consumer prices edged up 0.1 percent compared to a 0.6 percent rise seen in the same period of 2016. Monthly inflation came in line with expectations.

Inflation, based on the harmonized index of consumer prices, came in at 1.3 percent versus 1.8 percent in November. The pace of growth slowed more than the 1.4 percent economists had forecast.

On a monthly basis, the HICP edged up 0.1 percent, slightly slower than the expected 0.2 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback