empty

2023.12.1409:24:00UTC+00Spain Inflation Confirmed At 3.2%

Spain's consumer price inflation moderated as estimated in November after remaining stable in the previous month, the statistical office INE said Thursday.

The consumer price index rose 3.2 percent year-over-year in November, slower than the 3.5 percent increase in October. That was in line with the flash data published earlier.

At the same time, underlying inflation, which excludes non-processed food and energy products, eased to 4.5 percent from 5.2 percent in October, as estimated.

Prices of food and non-alcoholic beverages grew 9.0 percent annually in November, though slower than the 9.5 percent growth in the prior month. On the contrary, housing costs dropped 5.7 percent.

On a monthly basis, overall consumer prices fell 0.3 percent, reversing a 0.3 percent rise in the prior month. In the initial estimate, the rate of decline was 0.4 percent.

EU-harmonised inflation softened to 3.3 percent from 3.5 percent a month ago. The rate for November was revised up sligthly from 3.2 percent.

Month-on-month, the harmonised index of consumer prices posted a 0.5 percent decrease versus a 0.3 percent gain in October. In the initial report, the rate of fall was 0.6 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST


Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.