Financial News: Spain Inflation Confirmed At 4-Month High

Spain Inflation Confirmed At 4-Month High

12/13/2024 - 06:28:00 (RTTNews)

(RTTNews) - Spain's consumer price inflation increased as initially estimated in November to the highest level in four months, final data from the statistical office INE showed on Friday.

Consumer price inflation rose to 2.4 percent in November from 1.8 percent in October. That was in line with the flash data published on November 28.

Data showed that underlying inflation, which excludes non-processed food and energy products, slowed slightly to 2.4 percent from 2.5 percent in October, as estimated.

The annual price growth in housing quickened to 7.4 percent from 4.2 percent in October, driven by higher electricity prices. Meanwhile, the decline in transport costs eased to 1.0 percent from 3.0 percent.

On a monthly basis, consumer prices edged up 0.2 percent, slower than the 0.6 percent rise in October, as estimated.

EU-harmonized inflation also accelerated to 2.4 percent from 1.8 percent a month ago. Month-on-month, the harmonized index of consumer prices remained flat versus a 0.4 percent rise in October. There was no change in figures compared to the earlier estimate.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

N. Macedonia November Tourist Arrivals And Nights Unchanged (13 min(s), 07 sec(s) ago)
(RTTNews) - Visitor arrivals and overnight stays in the Republic of North Macedonia during Novembe ...Full Story»

N. Macedonia Building Permits Fall In November (25 min(s), 07 sec(s) ago)
(RTTNews) - Building permits issued in the Republic of North Macedonia decreased 18.2 percent year ...Full Story»

Malta General Govt Surplus Falls In Q3 (37 min(s), 07 sec(s) ago)
(RTTNews) - Malta's general government surplus decreased in the third quarter compared to the ...Full Story»

Central Bank Of Cyprus Raises Countercyclical Buffer Rate To 1.5% (50 min(s), 07 sec(s) ago)
(RTTNews) - The Central Bank of Cyprus hiked the countercyclical buffer rate for financial institu ...Full Story»

U.S. Producer Prices Rise 0.2% In December, Slightly Less Than Expected (04 hr(s), 22 min(s), 07 sec(s) ago)
(RTTNews) - Producer prices in the U.S. rose by slightly less than expected in the month of Decemb ...Full Story»

Croatia Economic Growth To Slow - Croatian National Bank (05 hr(s), 10 min(s), 07 sec(s) ago)
(RTTNews) - The pace of economic expansion in Croatia is set to slow this year and next, due to we ...Full Story»

Cyprus Construction Output Growth Improves In Q3 (05 hr(s), 53 min(s), 07 sec(s) ago)
(RTTNews) - Construction sector output growth in Cyprus strengthened for a second straight quarter ...Full Story»

U.S. Producer Prices Rise Slightly Less Than Expected In December (05 hr(s), 57 min(s), 07 sec(s) ago)
(RTTNews) - Producer prices in the U.S. rose by slightly less than expected in the month of Decemb ...Full Story»