The Spanish statistical office INE released its preliminary consumer price inflation data on Friday. Consumer price inflation in Spain slides 0.3% in February, after a 1.9% fall in January.

On a yearly basis, consumer prices fell by 0.8% in February, after a 0.3% decrease in January.

The annual decline was mainly driven by the drop in in the prices of fuels (gas and diesel oil) and food and non-alcoholic beverages.