• Spanish CPI rose above expectations

Market news

29 November 2016

Spanish CPI rose above expectations

According to the flash estimate published by the INE, the annual inflation of the CPI in November 2016 is 0.7%.

This indicator provides a preview of the CPI that, if confirmed, would imply the maintenance of its annual change, given that in October this change was 0.7%. In this behavior, it is noteworthy the drop in the prices of fuels (gasoil and gasoline).

In turn, the annual change of the HICP flash estimate in November stands at 0.5%. If confirmed, the annual change of the HICP would remain the same as in the previous month.

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