FOREX TradingCharts.com

Financial News: Spain Inflation Eases Less Than Estimated

Spain Inflation Eases Less Than Estimated

09/13/2022 - 08:15:00 (RTTNews)

(RTTNews) - Spain's consumer price inflation eased less than initially estimated in August, latest figures from the statistical office INE revealed on Tuesday.

The consumer price index climbed 10.5 percent year-over-year in August, slower than the 10.8 percent rise in July, which was the strongest inflation since September 1984.

That was just above the 10.4 percent rise initially estimated on August 30.

Meanwhile, underlying inflation that excludes non-processed food and energy products rose to 6.4 percent from 6.1 percent a month ago. This was the strongest since January 1993.

The slowdown in overall inflation was driven by the development in fuel prices. On the other hand, prices of electricity, food, restaurants and package holidays registered strong growth.

Housing costs alone surged 24.8 percent from last year, and prices of food and non-alcoholic beverages rose 13.8 percent.

On a monthly basis, the consumer price index moved up 0.3 percent, reversing a 0.3 percent fall in July. The latest figure was revised up from 0.1 percent.

EU harmonized inflation slowed to 10.5 percent in August from 10.7 percent in July. In the initial estimate, the rate of increase was 10.3 percent.

Monthly, the harmonized index of consumer prices was up 0.3 percent, reversing July's 0.6 percent fall. The monthly rise for August was 0.1 percent in the flash data.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Africa PPI Inflation Slows More Than Forecast (03 hr(s), 04 min(s), 30 sec(s) ago)
(RTTNews) - South Africa's producer price inflation eased more-than-expected in August, figure ...Full Story»

Czech Central Bank Keeps Rates On Hold (03 hr(s), 21 min(s), 30 sec(s) ago)
(RTTNews) - The Czech National Bank kept its key interest rates unchanged for the second straight ...Full Story»

U.S. GDP Declines 0.6% In Q2, Unrevised From Previous Estimate (03 hr(s), 33 min(s), 30 sec(s) ago)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low (03 hr(s), 52 min(s), 30 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story»

German Inflation Sets New Record High Of 10% (04 hr(s), 07 min(s), 30 sec(s) ago)
(RTTNews) - Germany's consumer price inflation accelerated at a faster-than-expected pace to a ...Full Story»

UK Car Production Rises For Fourth Straight Month: SMMT (04 hr(s), 07 min(s), 30 sec(s) ago)
(RTTNews) - UK car production increased for the fourth straight month in August but volumes still ...Full Story»

Q2 Decline In U.S. GDP Unrevised At 0.6% (04 hr(s), 17 min(s), 30 sec(s) ago)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To 193,000 (04 hr(s), 23 min(s), 30 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Africa PPI Inflation Slows More Than Forecast

09/29/2022 - 09:56 AM (RTTNews)
(RTTNews) - South Africa's producer price inflation eased more-than-expected in August, figure ...Full Story>>

Czech Central Bank Keeps Rates On Hold

09/29/2022 - 09:39 AM (RTTNews)
(RTTNews) - The Czech National Bank kept its key interest rates unchanged for the second straight ...Full Story>>

U.S. GDP Declines 0.6% In Q2, Unrevised From Previous Estimate

09/29/2022 - 09:27 AM (RTTNews)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low

09/29/2022 - 09:08 AM (RTTNews)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story>>

UK Car Production Rises For Fourth Straight Month: SMMT

09/29/2022 - 08:53 AM (RTTNews)
(RTTNews) - UK car production increased for the fourth straight month in August but volumes still ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.