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- Spanish CPI rose more than expected m/m
Spanish CPI rose more than expected m/m
According to the flash estimate issued by the INE, the annual inflation of the CPI in February 2018 was 1.1%. This indicator provides a preview of the CPI that, if confirmed, would imply an increase of five tenths in the annual rate, since in January this change was 0.6%. This behaviour highlights the decrease in the prices of electricity compared to the decrease of prices of 2017.
In turn, the annual variation of the flash estimate of the HICP in February stands at 1.2%. If confirmed, the annual rate of the HICP would increase five tenths as compared to the previous month.
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