Spain April preliminary CPI +2.2% vs +1.9% y/y expected

Author: Justin Low | Category: News

Latest data released by the National Statistics Institute - 29 April 2021

  • Prior +1.3%
  • HICP +1.9% vs +1.7% y/y expected
  • Prior +1.2%
That is a strong bump in Spanish inflation but bear in mind, the spike in the year-on-year reading owes much to base effect adjustments. April last year saw a drastic fall in energy prices due to the pandemic impact, so the effect is likely transitory.
Invest in yourself. See our forex education hub.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose