Spain Consumer Prices Continue To Fall In Oct…

October 29, 2020

Spain’s consumer prices continued to fall in October, flash data from the statistical office INE showed on Thursday.

Consumer prices declined 0.9 percent year-on-year in October, faster than the 0.4 percent drop posted in September. Prices have been falling since April.

Likewise, the decline in the harmonized index of consumer prices deepened to 1 percent from 0.6 percent. Prices were expected to fall 0.6 percent.

Month-on-month, consumer prices advanced 0.5 percent versus a 1 percent rise in the same period last year.

At the same time, the HICP climbed 0.3 percent, following a 0.4 percent increase a month ago. Final data is due on November 13.



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