• Spanish CPI in line with expectations in June

Market news

29 June 2017

Spanish CPI in line with expectations in June

According to the flash estimate issued by the INE, the annual inflation of the CPI in June 2017 is 1.5%. This indicator provides a preview of the CPI that, if confirmed, would imply a decrease of four tenths in its annual rate, given that in May this change was 1.9%. It is worth nothing in this behaviour the decrease in the prices of fuels (diesel and gasoline/petrol), compared to the increase that they experienced last year. This evolution was also due to the increase in prices of electricity, lower than that of June 2016.

In turn, the annual variation of the flash estimate of the HICP in June stands at 1.6%. If confirmed, the annual change of the HICP would decrease four tenths as compared to the previous month.

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