Spanish CPI 1.5% in December

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Friday, Dec 30 2016

Spanish CPI 1.5% in December

In December, Spanish CPI waseight tenths higher than in November. The annual rate of the leading indicator of the HICP was 1.4%. The estimated annual inflation of the CPI in December 2016 is 1.5%, according to the an advance indicator prepared by INE.

This indicator provides an advance of the CPI which, if confirmed, would Increase of eight tenths in its annual rate, since in the month of November this variation was 0.7%. This increase is mainly explained by the rise in fuel prices (Diesel and gasoline) compared to the decline experienced last year. On the other hand, the annual variation of the leading indicator of the HICP 1.4%.

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