Financial News: Spain Inflation Rises To 8-Month High As Estimated

Spain Inflation Rises To 8-Month High As Estimated

03/14/2025 - 08:05:00 (RTTNews)

(RTTNews) - Spain's consumer price inflation rose to an eight-month high in February, as estimated, largely reflecting higher electricity prices, final data from the statistical office INE showed on Friday.

The consumer price index posted the highest annual growth of 3.0 percent in February compared to the 2.9 percent increase in January. This was the highest inflation since June 2024, when prices had risen 3.4 percent.

At the same time, the EU harmonized inflation held steady at 2.9 percent in February and matched the preliminary estimate.

Due to the increase in electricity prices, housing costs surged 9.8 percent. Meanwhile, transportation cost grew only 0.3 percent.

Excluding unprocessed food and energy, core inflation softened to 2.2 percent from 2.4 percent in the previous month. This was the lowest since December 2021.

On a monthly basis, consumer prices increased 0.4 percent, reversing a 0.1 percent drop in January. The harmonized index rebounded 0.4 percent, after falling 0.1 percent in the previous month. The rates came in line with estimate.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Croatia Producer Prices Decline First Time In 4 Months (42 min(s), 43 sec(s) ago)
(RTTNews) - Industrial producer prices in Croatia fell for the first time in four months in April, ...Full Story»

Lithuania Inflation Remains Stable, Trade Gap Widens (40 min(s), 43 sec(s) ago)
(RTTNews) - Lithuania's consumer price inflation held steady in April after rising to a 19-mon ...Full Story»

Slovakia Industrial Output Recovers In March (19 min(s), 43 sec(s) ago)
(RTTNews) - Slovakia's industrial production expanded for the first time in three months in Ma ...Full Story»

Portugal Trade Deficit Widens March (57 min(s), 43 sec(s) ago)
(RTTNews) - Portugal's trade gap increased in March from a year ago as imports grew faster tha ...Full Story»

Ireland Manufacturing Production Surges 49.1% (05 min(s), 43 sec(s) ago)
(RTTNews) - Ireland's manufacturing output growth quickened further in March, preliminary figu ...Full Story»

Czech Retail Sales Growth Improves To 3.4% (29 min(s), 43 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth improved slightly in March after remainin ...Full Story»

Turkey Industrial Production Rebounds 2.5% (18 min(s), 43 sec(s) ago)
(RTTNews) - Turkey's industrial output expanded in March after a renewed decline in the prior ...Full Story»

Swiss Consumer Confidence Weakens To 16-month Low (59 min(s), 43 sec(s) ago)
(RTTNews) - Swiss consumer confidence decreased further in April to the lowest level in nearly one ...Full Story»