Spain November preliminary CPI +0.2% vs +0.2% m/m expected

Latest data released by the National Statistics Institute - 28 November 2019

  • Prior +1.0%
  • CPI +0.4% vs +0.4% y/y expected
  • Prior +0.1%
  • HICP 0.0% vs +0.1% m/m expected
  • Prior +0.7%
  • HICP +0.5% vs +0.5% y/y expected
  • Prior +0.2%

Pretty much within expectations as inflationary pressures rebound a little owing to a jump in fuel prices. That should at least provide some relief after the sharp drop seen in recent months, with headline annual inflation sitting close to zero.

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