Spain's consumer price index fell 1.3% in January compared with December

According to the report from National statistical institute (INE), the annual variation rate of the CPI in the month of January is 1.0%, two tenths less than that registered the previous month.

The annual rate of core inflation decreases by one tenth to 0.8%.

The monthly variation of the general index is -1.3%.

The Harmonized Index of Consumer Prices (HICP) puts its annual rate at 1.0%, decreasing by two tenths with respect to the month of December.

The groups with negative influence that stand out in the decrease of the annual rate are:

• Food and non-alcoholic beverages, which decreased by four tenths of an annual change and stood at 0.9%, due to the stability of fish and seafood prices, compared to the rise registered in 2018. It should also be noted, although in the opposite direction, the increase in the prices of vegetables, which decreased last year.

• Transportation, with a rate of -0.2%, four tenths lower than the previous month, as a result of which the prices of fuels and lubricants rise this month less than in January 2018.

• Leisure and culture, whose annual variation decreases eight tenths, down to -0.9%, due to the decrease in the prices of tourist packages is higher this month than in January of the previous year.