• Final consumer price inflation in Spain rises 0.7% in April

Market news

13 May 2016

Final consumer price inflation in Spain rises 0.7% in April

The Spanish statistical office INE released its final consumer price inflation data on Friday. Consumer price inflation in Spain was up 0.7% in April, in line with the preliminary reading, after a 0.6% rise in March.

The monthly rise was mainly driven by an increase in clothing and footwear, which climbed 10.6% in April.

On a yearly basis, consumer prices fell by 1.1% in April from a year ago, in line with preliminary reading, after a 0.8% decline in March.

The annual decline was mainly driven by a drop in the prices of housing and transport.

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