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- Spain: consumer price growth accelerated in March
Spain: consumer price growth accelerated in March
According to the flash estimate issued by the INE, the annual inflation of the CPI in March 2019 was 1.3%. This indicator provides a preview of the CPI that, if confirmed, would imply an increase of two tenths in the annual rate, since in February this change was 1.1%. This behaviour highlights the increase in the prices of fuels. Also influences that the prices of electricity decrease this month less than in 2018.
In turn, the annual variation of the flash estimate of the HICP in March stands at 1.3%. If confirmed, the annual rate of the HICP would increase two tenths with respect to the previous month. According to the flash estimate of the CPI, consumer prices registered a variation of 0.4% as compared with February.
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