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Spain's consumer price inflation highest since 2018
RTTNews reports that final results from the statistical office INE showed that Spain's consumer price inflation accelerated to the highest level in more than two years, as initially estimated, in April.
The consumer price index rose 2.2 percent year-on-year, following a 1.3 percent increase in March.
The rate came in line with the preliminary estimate published on April 29 and was the highest since October 2018, when the inflation rate was 2.3 percent.
Core consumer prices remained flat on year, after rising 0.3 percent each in March and February, data showed.
On a monthly basis, the overall CPI advanced 1.2 percent, up from 1 percent in March and matched the flash estimate.
Inflation, based on the harmonized index of consumer prices or HICP, accelerated to 2 percent from 1.2 percent in March. The rate was slightly above the flash estimate of 1.9 percent.
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