• According to the flash estimate issued by the INE, Spanish annual inflation was 2.2%

Market news

30 August 2018

According to the flash estimate issued by the INE, Spanish annual inflation was 2.2%

According to the flash estimate issued by the INE, the annual inflation of the CPI in August 2018 was 2.2%. This indicator provides a preview of the CPI that, if confirmed, would imply a maintenance in the annual rate, since in July this change was 2.2%. This behavior highlights the increase in the prices of electricity. Also influences that the prices of fuels (diesel and gasoline/petrol) have increased less this month than in August 2017.

In turn, the annual variation of the flash estimate of the HICP in August stands at 2.2%. If confirmed, the annual rate of the HICP would decrease one tenth with respect to the previous month.

According to the flash estimate of the CPI, consumer prices registered a variation of 0.2% in August as compared with July.

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