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- Spanish CPI rose less than expected y/y
Spanish CPI rose less than expected y/y
The estimated annual inflation of the CPI in December 2017 is 1.2%, according to the advance indicator prepared by the INE. This indicator provides an advance of the CPI which, if confirmed, would imply decrease of five tenths in its annual rate, since in the month of November this variation was 1.7%. This behavior highlights the rise in the prices of fuels (diesel oil and gasoline), lower than that registered in 2016. For its part, the annual variation of the leading index of the HICP is placed in December in 1.3%.
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