FOREX TradingCharts.com

Financial News: Spain Inflation Rises On Energy Prices

Spain Inflation Rises On Energy Prices

03/27/2024 - 05:12:00 (RTTNews)

(RTTNews) - Spain's consumer prices posted a faster growth in March reflecting increase in electricity and fuel prices, flash data from the statistical office INE showed on Wednesday.

The consumer price index advanced 3.2 percent on a yearly basis, following February's 2.8 percent rise. The rate came in line with expectations.

Excluding food and energy prices, underlying inflation softened to 3.3 percent from 3.5 percent a month ago.

The statistical office said electricity and fuel prices increased in March compared to a fall in the same period last year. At the same time, prices of food and non-alcoholic beverages increased less than in the same month of the previous year.

Data showed that monthly consumer price inflation doubled to 0.8 percent from 0.4 percent. Prices have been rising since January. Moreover, the increase exceeded economists' forecast of 0.6 percent.

Inflation, based on the harmonized index of consumer prices, climbed to 3.2 percent annually in March from 2.9 percent a month ago. This was slightly weaker than the forecast of 3.3 percent.

Month-on-month, the HICP moved up 1.3 percent following February's 0.4 percent increase. Prices were expected to rise 1.2 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Pending Home Sales Surge 3.4% In March, Much More Than Expected (43 min(s), 47 sec(s) ago)
(RTTNews) - Pending home sales in the U.S. surged by much more than expected in the month of March ...Full Story»

U.S. Pending Home Sales Surge Much More Than Expected In March (01 hr(s), 17 min(s), 47 sec(s) ago)
(RTTNews) - Pending home sales in the U.S. surged by much more than expected in the month of March ...Full Story»

U.S. Economic Growth Slows Much More Than Expected In Q1 (01 hr(s), 31 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed the U.S. economy grew ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low (02 hr(s), 12 min(s), 47 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected decrease by f ...Full Story»

Turkey Central Bank Keeps Rate Unchanged (02 hr(s), 18 min(s), 47 sec(s) ago)
(RTTNews) - Turkey's central bank kept its key interest rate unchanged on Thursday but caution ...Full Story»

U.S. GDP Climbs Much Less Than Expected In Q1 (02 hr(s), 40 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Thursday showed the U.S. economy grew ...Full Story»

German Consumer Sentiment To Hit 2-Year High In May (02 hr(s), 45 min(s), 47 sec(s) ago)
(RTTNews) - Germany's consumer confidence is set to rise again in May to hit a two-year high a ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Decrease (02 hr(s), 45 min(s), 47 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected decrease by f ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Pending Home Sales Surge 3.4% In March, Much More Than Expected

04/25/2024 - 10:37 AM (RTTNews)
(RTTNews) - Pending home sales in the U.S. surged by much more than expected in the month of March ...Full Story>>

U.S. Pending Home Sales Surge Much More Than Expected In March

04/25/2024 - 10:03 AM (RTTNews)
(RTTNews) - Pending home sales in the U.S. surged by much more than expected in the month of March ...Full Story>>

U.S. Economic Growth Slows Much More Than Expected In Q1

04/25/2024 - 09:49 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Thursday showed the U.S. economy grew ...Full Story>>

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

04/25/2024 - 09:08 AM (RTTNews)
(RTTNews) - The Labor Department released a report on Thursday showing an unexpected decrease by f ...Full Story>>

Turkey Central Bank Keeps Rate Unchanged

04/25/2024 - 09:02 AM (RTTNews)
(RTTNews) - Turkey's central bank kept its key interest rate unchanged on Thursday but caution ...Full Story>>

Do not sell my personal information

Copyright © 2024. 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.