• Spanish CPI rose more than expected in September

Market news

28 September 2017

Spanish CPI rose more than expected in September

Spain's inflation accelerated for the second straight month in September, data from the statistical office INE showed, cited by rttnews.

Inflation rose to 1.8 percent in September from 1.6 percent in August. This was the highest rate in four months.

Month-on-month, consumer prices gained 0.2 percent in September. During the same period of last year, prices had remained flat.

Meanwhile, inflation based on the harmonized index of consumer prices, slowed slightly to 1.9 percent from 2 percent a month ago. On a monthly basis, the HICP climbed 0.6 percent.

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