The Spanish statistical office INE released its preliminary consumer price inflation data on Thursday. Consumer price inflation in Spain was up 0.6% in March, after a 0.4% fall in February.
On a yearly basis, consumer prices fell by 0.8% in March, after a 0.8% decrease in February.
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.