• Spanish CPI flat in March

Market news

30 March 2017

Spanish CPI flat in March

The estimated annual inflation in March 2017 is 2.3%, according to the advance indicator prepared by INE. This indicator provides an advance of the CPI which, if confirmed, would decrease of seven tenths in its annual rate, since in the month of February this variation was 3.0%.

This behavior highlights the drop in the prices of fuels (diesel and Gasoline) compared to the increase they experienced last year, as well as the Prices of electricity. On the other hand, the annual variation of the leading indicator of the HICP is in March 2.1%.

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